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. Last Updated: 07/27/2016

Foreigners, Act Now

Deputy Prime Minister [and Foreign Economic Relations Minister Oleg Davydov] believes an investment boom is coming in the fall or winter. This certainty is founded on the fact that national capital has already strengthened, Russian banks hold large blocks of shares in industry and have the means for considerable investment ... in the production of consumer and high-technology products, for which there will be a large demand on the world market.


According to Davydov, Western investors often think they can come to Russia with their capital at any moment. "If I want, I'll come tomorrow. If I want, the day after tomorrow." Tomorrow, or the day after tomorrow, the minister says, Russian enterprises that are now gathering strength may not let [foreigners] into the Russian investment market.


However, the reasons for the indecisiveness of foreign investors is understandable enough: The historical fear of unpredictable Russia still constrains them. But these fears are in vain. It's worth remembering the well-known businessmen's motto concerning risk, and champagne.


The head of the Foreign Trade Ministry is convinced: If Western investors had been brave, today they could already have realized impressive results.