2. • The Russian
Federation
stretches across
Eurasia from
Eastern Europe to
the Pacific coast.
Even after the
collapse of the
Soviet Union,
Russia remains the
largest country in
the world in terms
of territory.
GDP:1.7 Trillion $ (6th)
GDP growth:7%
Inflation:11.9%
24% increase in Foreign Trade
Exchange Rate:1$=23.6 Ruble
Labor Force:71.68 Million
(Agr:12%,Industry:23%,Services:65%
Unemployment Rate:8.5%
About Russia
3. Exports - commodities: petroleum and petroleum products, natural
gas, metals, wood and wood products, chemicals, and a wide variety
of civilian and military manufactures.
Russian commodity Trade exports:-
5. Russia jumps record 30 places in ‘Doing Business’ ranking
Russia is now ranked 62nd in the World Bank’s new 2014 Doing
Business report, which measures the ease of doing business in 189
countries worldwide. The country climbed 30 positions from 92nd spot
in 2013.
6. • Foreign Investment law -1991
• First legal framework conducive to foreign investors
• The basic tenet of the code was national treatment for foreign
investors.
• Law on Foreign investments in Russia 1999
• Elaborate framework to protect the rights of investors.
• Grandfather Clause - which protects the investor from unfavorable
changes in the legal and tax regulation for a period up to 7 years.
Legal Framework - FDI
7. FDI Inflow In Russia
3.5
7.9
12.5
16.7
2002 2003 2004 2005
Foreign Direct Investment
in Russia, USD billion
9. FDI confidence index
A.T.Kearney in 2005
China
India
United States
United Kingdom
Poland
Russia
Brazil
Australia
Germany
Hong Kong
Hungary
Czech Republic
Turkey
France
Japan
Mexico
Spain
Singapore
Italy
Thailand
Canada
Dubai/UAE
South Korea
Central Asia
Romania
Maintained ranking
Moved down
Moved up
10.
11. Foreign exchange controls
• The currency controls are imposed on the
transaction of both export and import type (these
include transaction of capital).
• There are restrictions regarding the amount of
foreign currency which could be kept on the bank
account of the residents.
•
• Russian rouble is the only legal currency in the
territory of Russia.