Legislation to improve Russian investment climate needs to be adopted in 2012 - Shuvalov
MOSCOW. April 23 (Interfax) - Legislation aimed at improving the investment climate in Russia should be adopted in 2012, First Deputy Prime Minister Igor Shuvalov said at the National Business Initiative: Roadmap to a Favorable Investment Climate conference in Moscow on Monday.
"In my view all the legislative developments within Group 2020 and all roadmaps within business initiatives should be made into legislation during 2012," he said.
This includes supporting access to foreign markets and supporting exports, increasing the accessibility of energy infrastructure, simplifying procedures for receiving building permits and improving customs administration.
"If we chose 4-5 points where we can show ourselves and the outside then we can achieve real results and other institutes will start to join up" Shuvalov said.
Russia does not "have time to lose," he said. The government will have to make some hard decisions, deputy prime minister said. "We need to understand that changes to attract capital are more important than other risks," Shuvalov said.
In any issue there are specialists that say that amending legislation could reduce the population's safety, he said. "Houses will fall down