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| Topics: Security/International :: Domestic :: JRL :: Firefox-optimal :: site feedback | |||||||||||||||||
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#20 - JRL 2007 - 211 - JRL Home Foreign investment in Russia totals $50 bln so far this year ULYANOVSK, October 9 (RIA Novosti) - Foreign investment in the Russian economy has totaled $50 billion so far this year, First Deputy Prime Minister Sergei Ivanov said on Tuesday. "In 2007, despite crises on western financial markets, capital inflow into Russia has reached about $50 billion, while capital outflow has totaled $10 billion," Ivanov said. Russia's economy received $55.1 billion in foreign investment in 2006, or 2.7% more than in 2005. According to Ivanov, foreign investment has been growing steadily in the past few years due to political stability in Russia and the improving business environment.
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