Russia is cleaning up its image and encouraging foreign investment

Russia is cleaning up its image and encouraging foreign investment

Posted by: on Apr 20, 2011 | No Comments

This article by Kate Gibson article first appeared on MarketWatch.

Russia is working to the quell the concerns of foreigners reluctant to invest in a country plagued by the perception of corruption, an government official said Saturday.

“Don’t be scared of Russia,” Stanislav Voskresensky, deputy minister of economic development, said of his message to private-equity funds and investment bankers.