Foreign investment in the Russian economy came to $29.7 billion in 2003 and direct investment amounted to $6.8 billion. The President promised that Russia would continue to create economic, administrative and cultural conditions that would enable investors to feel at home here. The government and the Central Bank have the task of maintaining macroeconomic results in order to ensure investment attractiveness.
Economic cooperation between Russia and Italy is developing at an intensive pace. Italy now holds second place among Russia’s trading partners and annual trade turnover between the two countries has reached a figure of $11 billion.