1. Russia Is Boosting Its Foreign Investment Growth; Investors Should Take the
Chance-News from GlobeBill
Russia needs to bolster the positive trend of foreign
direct investment growth in Russia, Prime Minister and
President-elect Vladimir Putin said on Wednesday. “In
2011, over $52 billion worth of direct investment came
to Russia from abroad. By FDI dynamics, we have
actually reached the pre-crisis 2007 level,” Putin said at
a meeting of the government commission for foreign
investment which he chaired for the last time as the
country’s premier. Foreign direct investment in Russia
hit $55 billion in 2007.
The commission for foreign investment has examined over 140 requests from foreign
investors in the four years of its work and approved 94 percent of them, Putin said.
Russia’s strategic sectors of the economy have attracted over $33 billion in foreign
direct investment, Putin said, adding that the Russian government needed to continue
creating favorable conditions for investors prepared to work in sectors of strategic
importance for Russia. “These notations are designed to stimulate foreign business to
implement new projects in the strategic sectors of the Russian economy.”
Russia’s stable economy condition, friend policy and huge market have made Russia
as the profitable land for many investors around the world. However, not everything is
perfect and without deficiency. Behind its prosperous super face lie some obstacles
which draw investors back from starting their career and lay foundation on that fertile
land. Any investors who want to take up the clothing market will have to make no less
effort. Besides, how to seek profits in the strange foreign country is a big question and
how to solve the question of cash transaction is one of the priorities.
By establishing a local payment gateway in Russia; GlobeBill (www.globebill.com)
can effectively help the foreign investments solve the problems of operating difficulty.
As a representative of GlobeBill, Lin said that the number of Chinese third-party
payment companies involving in Russian Foreign Trade receivables were very limited
which has caused a lot of obstacles when foreign power want to enter the Russian
market. To solve this problem, GlobeBill will launch a payment gateway in Russian's
largest local online payment Boleto in mid-May. The payment gateway will be able to
provide both Brazilian and Asia merchant a professional payment solution in Russian
local business.