
Unscheduled measures of the Russian government in one 2014 caused damage to 1.5 billion euros to foreign manufacturers of consumer goods. This was reported by Vedomosti with reference to a report prepared by large foreign companies for the annual meeting of the advisory council on foreign investment, which will be held on Monday, Prime Minister Dmitry Medvedev.
The consequences of many decisions of the authorities simply do not calculate, claimed in the report. Thus, the adoption of the rules of wastewater discharge and the new version of the Law on Production and Consumption waste cost the market in 1 percent of the turnover. The stimulation of import substitution is fraught with the complete closure of the market for foreigners.
The newspaper also notes that from the middle of last year, direct investments in the Russian economy almost stopped abroad. Over five quarters, their volume amounted to only 3.7 billion dollars. At the same time, the Ministry of Economic Development a month ago stated that the decline in investment would stop in 2016; Now, the beginning of growth is predicted already in 2017.
Meanwhile, the Financial Times reports that, according to the report of the British analytical company Global Counsel, Russia is now standing on a “critical fork” - many international companies can leave its market. According to analysts, foreign firms will be determined with their actions in the next one and a half years.