Even signed an agreement is here never safe

The message is clear: after all these years of tension, the door is open Russia great new for us investors! "At the end of the economic forum in Sochi, the Russian resort city on the shores of the Black Sea, the top European diplomat has left popping a surprise tinged anger. "The American OPA has already begun." Going to have that Europeans move so that they do not lose the advance they had managed to take these past years...

Signs among others economic environment turning cautious optimism in Russia, the national authorities as regional, worked this weekend in Sochi to seduce Western capital to launch crisis plan suite. "We will hold this liberal regime, which is one of the fundamental reasons for investing in the Russian economy," stated the Prime Minister, Vladimir Putin. Before an international of businessmen, it has proved surprisingly reassuring on liberal, but also critical commitments on certain aspects of its policy, including the inability to control inflation. The past year, the first wave of the crisis had caused a high flight of capital (130 billion dollars in the fourth quarter of 2008). And, in the first half of 2009, foreign direct investment in Russia have fallen by 45 over a year. Figures confirming the contraction of the economy, but also the scarcity of capital, one of the main handicaps to initiate recovery. "The Russia suffer from a lack of investment," stressed Vladimir Poutine, which, citing the latest figures on the timid and volatile resumption of growth, cautiously warned that "it would be a serious mistake to say that the crisis is behind us."

"More stability"

In assistance, the Prime Minister's appeal was received with enthusiasm. "There is an enormous amount of money put aside and now ready to be invested in the market." The Russia is unique and should be one of the main beneficiaries! ", said John Mack, CEO of Morgan Stanley. David Bonderman, the President of GPT, one of the greatest American funds, looking for opportunities to place some 30 billion dollars of capital not invested, he was "cautiously optimistic" for the Russia. Next to him, Jeffrey Immelt, the CEO of General Electric, has been just as enthusiastic, placing the country among the priorities of the group.

On the stage of the main session of the forum Sochi and marched us financial and industrial. But not only European. "It is the fault of the Europeans." They have to come. We, we are investing in Russia for a long time... and for a long time. Regardless of the political hazards! ", assigned to the"voices"in the corridors of the forum the pattern of the subsidiary of a European Group strongly implanted in Russia. Adding a flat: "We want more stability." Even signed, an agreement is here never safe... Tax authorities or other can still falling us on it. "Repeated criticism mezza voce by Stefan Gross, the Director of Ikea, very present in the country:"We want to always respect the legislative framework." "But for a foreigner, it is difficult here to find the right path," he told at the end of a round table on the distribution where representatives of Carrefour and Leroy Merlin have shown great enthusiasm on their expansion in Russia.