The standard of investment attractiveness of Russian regions discussed at Sochi-2013 forum

On September 28 Tatarstan President Rustam Minnikhanov took part in a round table session on adopting the standard of investment attractiveness of Russian regions chaired by Dmitry Medvedev within the framework of investment forum “Sochi-2013”.

In 2012 the Agency of strategic initiatives developed a regional investment standard, a set of minimum requirements to the interface for investors, creation of investment infrastructure, and formation of a long-term investment strategy. A number of Russian regions have finished organisational stage of the standard adoption. In accordance with Russian President’s orders the standard has been implemented in all Russian regions since 2013.

Today members of Russian Government, experts and heads of regions discussed first results of the strategy implementation and problems they faced.

Opening the session, Chairman of Russian Government Dmitry Medvedev reminded about his speech at yesterday’s plenary session, when he was speaking about difficult economic situation in the world, and efforts that should be taken to change the structure of Russian economy. He continued that state investments, improvement of business climate, competitiveness, quality of public administration should become new sources of economic growth.

Dmitry Medvedev also informed about plans on establishing a special agency to promote attraction of investments in Russian regions.

Rustam Minnikhanov spoke at the round session as a head of the region that achieved success in attracting investments. He told that representatives of Tatarstan authorities visited different countries to study the experience in attracting foreign investments.

Rustam Minnikhanov liked the idea of creating a federal agency for attracting investments in Russian regions.