Transcript
Russia
Presentation by Mohammed Naseer Khan
Shiva Sakath Reddy Rakesh
• 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 TradeExchange Rate:1$=23.6 Ruble
Labor Force:71.68 Million (Agr:12%,Industry:23%,Services:65%
Unemployment Rate:8.5%
About Russia
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:-
Russia commodity Trade imports:-
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.
• 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
FDI Inflow In Russia
3.5
7.9
12.5
16.7
2002 2003 2004 2005
Foreign Direct Investmentin Russia, USD billion
FDI Inflow In Russia – Sector-wise Breakup
FDI confidence index A.T.Kearney in 2005
ChinaIndia
United StatesUnited Kingdom
PolandRussia
BrazilAustraliaGermany
Hong KongHungary
Czech RepublicTurkeyFranceJapan
MexicoSpain
SingaporeItaly
ThailandCanada
Dubai/UAESouth KoreaCentral Asia
Romania
Maintained ranking
Moved down
Moved up
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.
Eastern European Group
Russia regional grouping
Russia future prospects
Thank you
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