Framework Conditions for Foreign Investors
|•||malfunctioning of the judiciary,|
|•||poor economic and infrastructure conditions,|
|•||high energy costs, 1|
|•||imponderabilities with taxation, 2 and|
|•||the still unresolved land ownership issue. 3|
In their efforts to facilitate matters for foreign companies, successive governments have formulated a series of draft laws which have been submitted for approval to the State Duma.
The future success of Russia's FDI policy will be determined by progress made in the country's macro-systems (Figure 15.1). These systems need to be improved through appropriate measures.