Category Archives: PM Putin

Russian Business Environment Update – Part I

Economic Fundamentals Economic indicators over the past year were mixed, although a consensus view appears to be forming that they were a net negative and, notably, underscored the long-run structural deficiencies in Russia’s economic development model rather than short-term risks. … Continue reading

Posted in corruption, foreign investment, PM Putin, russia, strategic industries

What to Make of Putin’s Anti-Offshore Crusade

Last month, PM Putin addressed the Government Commission on Electricity Generation. At the meeting, Putin launched into a searing critique of Russian companies using offshore “front companies.” Indeed, Putin noted, “Taking the Russian economy and its strategic sectors out of … Continue reading

Posted in Business, Business and Economy, corruption, Dmitry Medvedev, Gazprom, goskorporatsii, legal update, offshore, PM Putin, President Medvedev, Rostekhnologii, russia, state corporations, utilities companies, Vedomosti, Vladimir Putin, war on corruption | 2 Comments

Strategic Sectors Law Update – Draft Amendments and Commission on Foreign Investment Meeting

Last week, PM Putin chaired the latest meeting of the Commission on Foreign Investment and the following day the draft amendments to the Strategic Sectors Law (SSL) entered their third reading, after languishing in 2nd reading purgatory since the summer. … Continue reading

Posted in Foreign direct investment, foreign investment, legal update, legislation, PM Putin, President Medvedev, prokhorov, Rostekhnologii, russia, strategic industries

2012 Presidential Campaign Launches in Russian Style – Part II

[TRM’s second installment on recent events in Russia] Medvedev made quite a few headlines two weeks ago with a series of moves that signaled a renewed push to ‘improve the investment climate’ in Russia.  This is, of course, not a … Continue reading

Posted in Business, clans, compliance, corruption, Foreign direct investment, foreign investment, goskorporatsii, Government of Russia, Kremlinology, ldpr, Medvedev, oligarchs, PM Putin, power vertical, President Medvedev, Putin, Putin's Plan, rule of law, russia, Russian economy, siloviki, state corporations, strategic industries, tandemocracy, Vedomosti, Vladimir Putin | Tagged , , , , , , | 3 Comments

2012 Presidential Campaign Launches in Russian Style – Part I

A number of recent events in Russia show that the 2012 Russian presidential election campaign is in full swing.  In keeping with true Russian style, this campaign is aimed not at a mass Russian audience, but rather the political/economic elites involved … Continue reading

Posted in Bastrykin, Chaika, clans, criminal law, Dmitry Medvedev, elections, konovalov, Kremlinology, Medvedev, PM Putin, politicians, power vertical, President Medvedev, prosecutor general, siloviki, vinnichenko, Vladimir Putin, Zubkov | 2 Comments

Strategic Sectors Law Update – Draft Amendments and First Meeting of 2011

Strategic Sectors Law Amendments On February 17, the Russian government submitted amendments to the Strategic Sectors law.  The only substantive change the amendments address is the ownership issue I covered here – i.e., that the law currently applies to any … Continue reading

Posted in Business, Foreign direct investment, foreign investment, Government of Russia, Law, legal update, legislation, moscow, oligarchs, PM Putin, Putin, reform, reserves, russia, Russian economy, strategic industries, Vladimir Putin | 1 Comment

2010 – Russia’s Wasted Year for Foreign Direct Investment

Marx once said that history repeats itself once as farce, and twice as tragedy.  I am not sure what level we are at now, but I have been feeling a strange sense of deja vu reading the news out of … Continue reading

Posted in Foreign direct investment, foreign investment, Medvedev, PM Putin, Potanin | 1 Comment