The possibilities to improve investment climate in Tatarstan were discussed in the Cabinet

Rustam Minnikhanov, RT Prime Minister met with representatives of Foreign Investment Advisory Service (FIAS) in RT Government House. They discussed cooperation for improving investment climate in Tatarstan.

Igor Artemev, the Head of FIAS project, Regional Coordinator of FIAS programs in Europe and Central Asia told about possibilities and work of the company. Moreover, he informed about the research results of World Bank on Complex assessment of administrative barriers in investment sphere and enterprises’ development in Tatarstan.

According to FIAS methodology, the assessment of administrative regulation expenses in Tatarstan is rather favourable.

Foreign Investment Advisory Service (FIAS) is the subdivision which unites the experience of 2 large organizations on development, included in World Bank Group – International Finance Corporation (IFC) and International Bank for Reconstruction and Development (IBRD). Since 1985 FIAS has supported more than 120 countries in defining necessary components of investment climate and finding practical ways to improve it.

Among the participants were: Tatyana Ponomareva, the Head of FIAS project in Russia, Alevtina Kudryavtseva, RT First Deputy Minister of Economy, Director of RT Economic and Social Research Center (ESRC), Iskander Fuflikhanov, Aide to RT Prime Minister on foreign economic activity and others.