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    Russia May Simplify Alien Visa Regulations

    Mar. 26 – The Ministry of economic development and trade (MEDT) wants to simplify a visa regulations for highly qualified foreigners. In particular, the ministry suggests canceling quotas on delivery of work permits and delivery of invitations to entrance, and also to do without the coordination of their hiring with employment officials. Now the state[…..]

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    Investments Aid ‘Boom Time’ in St. Petersburg Region

    Mar. 12 – Foreign investments into the St. Petersburg region have grown almost 30 percent in 2009 compared to 2008 and have so far totaled US$1.3 billion. These indicators have allowed the region to remain one of leaders on rates of increase in foreign investments in Russia. The main investors are United States (45.4 percent[…..]

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    Russian Economy Posts First Growth on Annual Basis Since 2008

    Mar. 9 – The Russian economy grew last month on an annual basis for the first time since November 2008, an indicator derived from service and manufacturing surveys based on opinions of leading Russian corporations’ managers, executed by the VTB Capital, showed. The economy of the world’s largest energy exporter expanded 0.5 percent after shrinking[…..]

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    Russian Government Wants to Speed up Privatization

    Mar. 8 – The Russian government is planning to ask investors what assets they would like to buy from the state, an idea proposed by First Deputy Prime Minister Igor Shuvalov to speed up privatizations. Shuvalov said in September that the state was planning to step up asset sales. The government wants to hear investors’[…..]

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