Investment in Russia: how things work

Moscow. — The Russian economy ranked eighth in the world, and although Moscow claims that no isolation is present, and trying to establish business with the countries of Asia and the Middle East, since the West treats her coldly, she very much wants to cooperate with the big fan deals at the moment, which is the President of Donald trump.

In Moscow began trampoline, and the people rejoice in the coming to power of the 45th US President, who famously said about his desire to get along with Russia. But it’s not blind euphoria.

“The mood is very realistic — someone is excited, someone is indifferent. But at least they are willing to listen Russian history, — said the head of the Russian direct investment Fund Kirill Dmitriev. We do not expect the Pro-Russian decisions. We understand that trump will focus exclusively on American cases and will defend American interests.”

A native of Kyiv and a graduate of Stanford and Harvard Dmitriev runs the Russian national wealth Fund (as in the text, in fact, the CEO of the Russian Direct Investment Fund — approx. ed.), which manages tens of billions of dollars of reserve capital. He hopes that trump will cancel sanctions against Russia. Dmitriev says: “the Fact remains that sanctions have not worked, that is, they have done nothing to alter Russian policy. Secondly, they are Russians rallied around President Putin, whose popularity increased dramatically during the sanctions”.

Despite the chaos in which Russia has lived for the past years, seeing how the fall in oil prices and its currency, Dmitriev extols the state of the economy. He noted that the securities market over the past year increased by 50%, and forecasts a two percent economic growth next year. According to Dmitriev, its Fund investing in Russian and foreign projects in conjunction with various partners, is durable and reliable.

“My Foundation has shown positive results will yield dollars for our partners, which is very important taking into account the fall of the ruble by almost half. So we make such investments, that they have a positive profit in dollars for all our partners.”

To work on the Russian market, many are skeptical and concerned about corruption and lawlessness in Russia, deters many potential investors. However, international organization suggest that Russia is gradually restore order at home.

According to the world Bank, Russia in its business rating for 2017 moved from 51st to 40th place (out of 190 countries). But Transparency International believes that the image of Russia according to the “index of perceptions of corruption” from 2015 to 2016 has improved, although she has still much to do to catch up with Western Europe.

Dmitriev says he sees opportunities for American investors in Russia, and believes that such investments will help create jobs for Americans, and the Trump to fulfill his promise to give people work. To this end, in late spring he plans to take to Russia a delegation of American businessmen.