The speaker: foreign investors understand how to work with Russia in terms of sanctions


GORKI, October 19. Foreign investors understand how to work with Russia in terms of sanctions, the first shock passed.

This was stated by the Minister of economic development of Russia Alexei Ulyukayev.

“Unlike last year, when there was a lot of emotional conversations on the topic of sanctions, which create new conditions and must adapt, to separate politics from Economics today the conversation was very different. Today everyone understands how to actually need to work. The first shock was gone. The investment is made, continuing work of the foreign business in our country. Therefore talked more about practical things,” Ulyukayev told journalists following the meeting of the Consultative Council on foreign investments in Russia.

The conservation rating of Russia by Agency Fitch was expected, said Ulyukayev. “I think this is the expected solution. Actually, I and colleagues from other government structures was expecting it and publicly spoke about it,” he said.

According to him, the current low ratings of the Russian Federation, their increase is possible in 2016. The Minister believes optimistic macropores Agency Fitch’s decision on the rating of the Russian Federation. “If we look at the socio-economic development for the current year, for 2016, we see that what we take into account, and that takes into account rating Agency, – (data) is almost the same now. The gap is literally tenths of a, and the rating Agency’s forecast is slightly more optimistic picture for the current year than our Agency”, – said Ulyukayev.

The issue of attracting and foreign investors in the Crimea at the session of the Consultative Council on foreign investment in Russia (FIAC) was not discussed, said the head of the MAYOR.

“No. Territorial aspects were not discussed almost at all, except when they talked about specific issues of companies operating in a particular region. Crimea was not discussed”, – the Minister said following the meeting.