Russia is boosting its foreign investment growth; investors should take the chance news from globe billDocument Transcript
Russia Is Boosting Its Foreign Investment Growth; Investors Should Take theChance-News from GlobeBill Russia needs to bolster the positive trend of foreign direct investment growth in Russia, Prime Minister and President-elect Vladimir Putin said on Wednesday. “In 2011, over $52 billion worth of direct investment came to Russia from abroad. By FDI dynamics, we have actually reached the pre-crisis 2007 level,” Putin said at a meeting of the government commission for foreign investment which he chaired for the last time as the country’s premier. Foreign direct investment in Russiahit $55 billion in 2007.The commission for foreign investment has examined over 140 requests from foreigninvestors in the four years of its work and approved 94 percent of them, Putin said.Russia’s strategic sectors of the economy have attracted over $33 billion in foreigndirect investment, Putin said, adding that the Russian government needed to continuecreating favorable conditions for investors prepared to work in sectors of strategicimportance for Russia. “These notations are designed to stimulate foreign business toimplement new projects in the strategic sectors of the Russian economy.”Russia’s stable economy condition, friend policy and huge market have made Russiaas the profitable land for many investors around the world. However, not everything isperfect and without deficiency. Behind its prosperous super face lie some obstacleswhich draw investors back from starting their career and lay foundation on that fertileland. Any investors who want to take up the clothing market will have to make no lesseffort. Besides, how to seek profits in the strange foreign country is a big question andhow to solve the question of cash transaction is one of the priorities.By establishing a local payment gateway in Russia; GlobeBill (www.globebill.com)can effectively help the foreign investments solve the problems of operating difficulty.As a representative of GlobeBill, Lin said that the number of Chinese third-partypayment companies involving in Russian Foreign Trade receivables were very limitedwhich has caused a lot of obstacles when foreign power want to enter the Russianmarket. To solve this problem, GlobeBill will launch a payment gateway in Russianslargest local online payment Boleto in mid-May. The payment gateway will be able toprovide both Brazilian and Asia merchant a professional payment solution in Russianlocal business.