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Economics
11:50 17.10.2016 (upd. 00:00 20.10.2016 ) Managing Partner of EY in Russia: Business wants certainty and stability

This Alexander Ivlev told Business FM on the eve of a meeting of foreign investors with Prime Minister Dmitry Medvedev


Foreign investors tell the Prime Minister Medvedev, the conditions under which want to operate in Russia. The prime minister will hold October 19 annual meeting of the Foreign Investment Advisory Council. Participants in this year than in the past - 40 global executives of international companies. In the past, attended by representatives of 33 companies.


Business wants certainty and stability, investors need clear and transparent rules for access to the Russian market, he said in an interview with Business FM Managing Partner of EY companies in Russia, Alexander Ivlev:


Alexander Ivlev, Managing Partner of EY company in Russia, "I must say that there is interest in Russia, it is confirmed by the fact that a large number of top officials of the largest international companies came to a meeting of the advisory board. Today at the session we expect slightly less than 40 participants, we expect a good, constructive dialogue on key issues, which were studied in working groups of the advisory board for the year. And we hope that in the end the results of the Board will be taken further steps by governments to change the regulatory framework, legislation that will allow investors to feel more comfortable in Russia. "


Why the increased interest of investors working in Russia, for the meeting with the prime minister?

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Vyugin chairman of "MDM-Bank" Board of Directors "Generally speaking, this advice is always going to a very respectable people, heads of companies that do business, have a business in Russia. And this time, apparently, all the same, but maybe there is some emphasis associated with the fact that two years have passed vse-taki sanctions against Russia, and now for many companies the time to understand and make a decision where to go . If they had frozen immediately, business especially no closed, but we have seen that particular one, and did not develop, but now, perhaps, a point of decision-making: either to increase investment and to do something, or vice versa begin to quietly reduce their participation here . It seems to me, therefore, a great curiosity, and therefore is a good representation. The price of oil has stabilized the ruble, too, is also a factor that allows more reliable plans by sales volumes: they can sell, how much to produce, and so on. "


Investors inter alia asked the authorities to improve the system of import and weaken state regulation. They also complain too complicated customs procedures.



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