Russia to simplify inward investment for 'friendly' countries -prime minister

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Explore stories from Atlantic Canada.

Spice Up Your Life with Homemade Pumpkin Spice: No Bake Pie | SaltWire #shortsvideo #cookingshorts - Prime Minister Mikhail Mishustin said on Monday that Russia would create a simplified procedure for citizens and companies from"friendly" countries to invest there.

Mishustin said entities from a list of 25 countries would be allowed to open bank accounts in Russia and make deposits via a simplified procedure. "Creating more convenient conditions for foreign enterprises and entrepreneurs is an important part of the government’s systemic efforts to achieve financial sovereignty as part of the implementation of the national goals set by our president," Mishustin said in a statement.

It said the procedure would apply to 25"friendly" countries including China, India, Brazil, Saudi Arabia, Turkey, Kazakhstan and Belarus. Moscow defines"unfriendly" countries as those that have joined a barrage of Western-led economic sanctions in response to Russia's war in Ukraine.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines