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Mikhail Mishustin’s opening remarks:

Mikhail Mishustin’s opening remarks at a meeting of the Government Commission on Monitoring Foreign Investment

Good afternoon, colleagues.

Today, we will hold a regular meeting of the Government Commission on Monitoring Foreign Investment. We will discuss the possible approval of transactions with shares of strategic Russian enterprises.

Maxim Shaskolsky, Head of Russia’s Federal Anti-Monopoly Service and our Commission’s Executive Secretary, will report on the matter, and he will tell us about the results of processing incoming applications.

We have a packed agenda, and we will discuss 11 applications. In all, they will make it possible [for foreign companies] to invest over 110 billion roubles in the Russian economy.

Potential transactions involve such sectors as minerals prospecting and production, transshipment operations at ports, automated transport control, motorway construction, timber processing and sales, and the operation of radiation sources.

I would like to single out applications linked with implementing significant investment projects, including the involvement of a company, controlled by the State of Qatar, in building and operating a high-speed motorway in St Petersburg, as well as the expansion and modernization of timber processing production facilities in the Far East together with a major Japanese business company.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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