Russian Prime Minister Mikhail Mishustin delivers a speech during a session of the Moscow Financial Forum in the city of Moscow, Russia, September 28, 2023.
Sputnik/Alexander Astafyev/Pool via REUTERS/File Photo Acquire Licensing RightsOct 30 (Reuters) - Prime Minister Mikhail Mishustin said on Monday that Russia would create a simplified procedure for citizens and companies from "friendly" countries to invest there.
Mishustin said entities from a list of 25 countries would be allowed to open bank accounts in Russia and make deposits via a simplified procedure.
It said the procedure would apply to 25 "friendly" countries including China, India, Brazil, Saudi Arabia, Turkey, Kazakhstan and Belarus.
Moscow defines "unfriendly" countries as those that have joined a barrage of Western-led economic sanctions in response to Russia's war in Ukraine.
Persons:
Mikhail Mishustin, Alexander Astafyev, Mishustin, Felix Light, Kevin Liffey
Organizations:
Russian, Sputnik, Thomson
Locations:
Moscow, Russia, China, India, Brazil, Saudi Arabia, Turkey, Kazakhstan, Belarus, Ukraine