- Sputnik International
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

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.

To participate in the discussion
log in or register
Заголовок открываемого материала