Session of Foreign Investment Advisory Council held at SEZ “Alabuga”

On April 25 First Deputy Chairman of Russian Government Igor Shuvalov held a session of the Foreign Investment Advisory Council held at SEZ “Alabuga”. Tatarstan President Rustam Minnikhanov took part in the session.

The Foreign Investment Advisory Council consists of representatives of federal ministries and agencies, managers of major foreign companies working in Russia. Improvement of business climate in the country was discussed at the session.

Opening the event, Igor Shuvalov thanked participants for their visit to Kazan. “We want you to see implementation of industrial projects in regions, and how friendly regional authorities can be to such projects. Mr Minnikhanov is our friend and companion, we are proud of any project he realizes. We can endlessly tell about Tatarstan achievement, and we would like to show you the work of special economic zone,” Igor Shuvalov said.

“Our economic growth is very low, and we are not satisfied with the economic development in the country. We will do our best to deal with it and enjoy the stable growth. We are facing difficult internal and external situation. It should motivate our government for improving business climate,” Igor Shuvalov continued.

Russian Deputy Minister of Economic Development Sergey Belyakov told participants of the session about measures taken by Russian Government on improving investment climate in the country and raising Russia’s status in international rating Doing Business.

During the session representatives of foreign companies, heads of working group of the Advisory Council, made comments and suggestions concerning improvement of investment climate, including some bureaucratic burdens. Employees of federal ministries, in their turn, promised to take into account some constructive proposals.

Igor Shuvalov thanked Tatarstan leadership and personally Rustam Minnikhanov for holding session of the Foreign Investment Advisory Council in the republic.