Ulyukaev suggests developing of investment climate in Russia in response to US sanctions

The Head of Economic Development Department is sure that investors must feel themselves comfortable regardless US sanctions. 21.Jul.14 2:42 PM By Mihail Prygunov Photo foto.rg.ru    519

The Head of Economic Development Department Alexey Ulyukaev suggests his own solution to problems which can be caused by US sanctions towards Russia. He says that the main goal is to develop conditions for potential investors. This is primary but not the only aim in such situation. He also thinks that sanctions will not cause any serious consequences. At the same time US partners have gone too far over the line which should also be considered by Russian government. Ulyukaev has already presented possible consequences of sector limits and sanctions against Russian economy. He said that inner resources will be a good solution to this problem. They will help to support economy of the country. The head of Economic Development Department has also noted that Russian government is planning to discuss inadmissibility of limitations within the General Council of the Foreign Trade Organization. At first Russia was not aimed on making such steps. However US sanctions do not leave any choice for the government.

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