MOSCOW, October 28. The members of the Consultative Council on foreign investments in Russia approved the list of priority directions of activity of the foreign investment Advisory Council in 2016, referred to in communiqué of the XXIX meeting of the Council. This was reported on the website of the government of the Russian Federation.
The Council meeting was held in Moscow on 19 October under the chairmanship of Prime Minister of Russia Dmitry Medvedev.
The Advisory Council for foreign investments was created in 1994 for the preliminary consideration and preparation of recommendations on issues related to investment attractiveness of the Russian economy, but also emerging from foreign institutional investors in implementation of investment projects on the territory of Russia.
A 20-year history in the work of FIAS is involved more than 60 foreign companies and banks. Now it consists of the heads of 51 major foreign companies, the total volume of investments in Russian economy exceeds $120 billion.