Doing Business In Russia

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News 13

A country of great opportunities and serious challenges

Risks for doing business in Russia are diminishing and the economy as a whole is gaining stability, Ernst&Young experts believe. In their latest rating of 148 countries, Russia has risen from last year's 49th place to the 28th. However, Russia's economic growth is still impeded by the high degree of government regulation, Ernst&Young points out.

The aim of such ratings is to estimate the risks and opportunities for mergers and acquisitions in this or that country. Twenty-three factors are used for the analysis, among them the level of technological development, the extent of government regulation and the development of the financial sector. The US is leading in aggregate. China, Singapore and the UK are among the top ten countries.

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