General criteria should not be used to evaluate the attractiveness of the Russian jurisdiction. It needs to be measured by taking the number of small and medium-sized enterprises that are created in our country, and especially the number of those that come to our country, into account — Elena Bezdenezhnykh, Vice President for Regional Policy and Government and Administration Relations, RUSAL.
There’s an expanded definition of what a jurisdiction is, that it is simply the general conditions for doing business. Then there is a narrower definition, that it is methods for protecting businesses that are operating in good faith under standard economic conditions. Here we get corporate legislature, control and supervision, regulation, transparency from the point of view of access to information, the law enforcement system — Oleg Fomichev, Director for Strategic Planning and Development, Renova-Holding Rus.
Just 11% of all investments are foreign direct investments. It turns out that all of these changes haven’t had much of an effect on international actors — Andrei Nazarov, Co-Chairman, Delovaya Rossiya (Business Russia).
In general, if we’re talking about administrative disputes, an important trend is the movement of courts away from formalism to reviewing the essence of the economic relations between parties, which affects everyone who participates in the economy — Boris Boltyanskiy, Editor-in-Chief, Pravo.ru.