Foreign investments in Russia rise a tad in 2002

Ulhas Joglekar uvj at vsnl.com
Thu Feb 20 06:12:37 PST 2003


ChrisD(RJ) wrote:


>> Foreign investments in Russia rise a tad in 2002
> ---
> A lot of this is actually Russian capital being repatriated from offshore
> banks.

Apparently, much of the FDI that comes in China is slao Chinese capital returning to China.


>The BP story is big fucking news though.

Does Russia need FDI for oil and gas industry?

Ulhas


> I personally don't think Russia really needs foreign investment. What
Russia
> needs is an effective tax-collection system and legalsystem.



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