The volume of direct foreign investments in the economy of Russia will reach $6bn in 2002, compared to $5bn in 2001, Deputy Finance Minister of the Russian Federation Andrey Petrov declared at a symposium 'Investment Potential of the South of Russia' today. The problem of foreign investments becomes vary important in the situation of a possible oil price drop and a decrease in currency revenues. At the same time, the capital outflow from Russia needs to be stopped (it amounted to $24bn in 2001), Petrov added. This amount is about equal to Russia's currency proceeds and revenues from oil exports. At the same time, the official pointed out that investments in Russia's fixed capital had been growing over the last two years. They are expected to go up from 16.5% of the GDP as in 2000 to 17.9% in 2002.
The Investigative Committee of the Russian Federation put the head of the contractor company of Russia's space corporation Roskosmos, Sergei Slastikhin, on international wanted list
"Washington operators of the sanctions machine ought to get acquainted with the history of Russia, to stop the unnecessary fussing," spokesperson for the Foreign Ministry said