President of Russia
  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search this website
President of Russia
Mobile version

President's
website
sections

  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search
  • For the Media
  • Subscribe
  • Directory
  • Version for People with Disabilities
  • Русский

President's
website
resources

  • President of RussiaCurrent resource
  • The Constitution of Russia
  • State Insignia
  • Address an appeal to the President
  • Vladimir Putin’s Personal Website

Official Internet Resources
of the President of Russia

  • Telegram Channel
  • Rutube Channel
  • YouTube Channel

Legal
and technical
information

  • About website
  • Using website content
  • Personal data of website users
  • Contact website team

All content on this site is licensed under

Creative Commons Attribution 4.0 International

Presidential Executive Office2025
Events

Meeting with investment ombudsmen in federal districts

Dmitry Medvedev said that in his opinion the institute of investment ombudsmen at the federal level has proven effective. The President announced that he had signed an executive order conferring the status of investment ombudsmen on Deputy Presidential Envoys to Federal Districts (the Envoy’s aide in the Central Federal District) and those present are to report on the organisation of their work by October 1.

August 2, 2011
15:00
Sochi
Meeting with investment ombudsmen in federal districts.
During a meeting with investment ombudsmen in federal districts.
Meeting with investment ombudsmen in federal districts.

At the federal level, the institution of investment ombudsmen has been functioning for one year as part of the Economic Development Ministry. Their main objective, apart from addressing specific problems of individual companies, is to minimise potential future problems for all investors by improving legislation.

The ombudsmen’s responsibilities include assisting investors in the implementation of private investment projects, including through cooperation with authorities at federal, regional and local levels.

* * *

President of Russia Dmitry Medvedev: Good afternoon, colleagues,

Four months ago, in my speech in Magnitogorsk I outlined ten priority measures that should improve the investment climate in our country. One such measure is setting up the office of investment ombudsmen.

I believe that at the federal level a similar mechanism of cooperation with investors has proven effective. Businesses can come to investment ombudsmen to complain, and the federal authorities’ involvement in resolving certain interagency conflicts or any other problems facing investors has been justified.

Today I have signed an executive order conferring the status of investment ombudsmen on Deputy Presidential Plenipotentiary Envoys to Federal Districts and one aide [to the Presidential Plenipotentiary Envoy to the Central Federal District], as we had agreed.

See also

Order on investment ombudsmen
August 2, 2011
Commentary by First Deputy Prime Minister Igor Shuvalov following the meeting with investment ombudsmen in federal districts
August 2, 2011

The state now seeks to improve the investment climate, and the Government and other agencies have done a great deal already. Federal legislation has been improved, administrative barriers minimised (though I must admit that as we get rid of some, new ones seem to appear but we have to continue fighting), project documentation approval period has been shortened and the procedure for getting connected to infrastructure has been simplified.

However, there are still many barriers to doing business. Therefore, we must continue our efforts and experience has shown that two-thirds of these barriers are, surprisingly, not in Moscow but in the regions. This is your domain and your main job.

”The state now seeks to improve the investment climate. Federal legislation has been improved, administrative barriers minimised, project documentation approval period has been shortened and the procedure for getting connected to infrastructure has been simplified.“

Colleagues, you must ensure investors’ questions and problems are addressed promptly, and to identify and eliminate the causes of these problems. This is particularly important when it comes to systemic barriers – not just some one-off problems but systemic obstacles that were originally created by regional or federal legislation.

You must make relevant changes to avoid similar problems later. When it comes to federal regulations, you can submit your suggestions directly to the Government to ensure that we take the necessary decisions.

There must be no delays in this work and you have the powers you need. If necessary, you should go directly to the heads of regions, the governors, mayors and the regional offices of the federal government. Of course, this must be done under current legislation, and I hope all of you understand it as experienced and competent professionals.

This is a very important job and I will monitor it personally. If we do not change the investment climate and fail to create the optimal conditions for private business initiatives, we cannot move forward, and therefore will not be able to tackle major social challenges, including improving the people’s standard of living.

”If we do not change the investment climate and fail to create the optimal conditions for private business initiatives, we cannot move forward, and therefore will not be able to tackle major social challenges.“

I expect to receive reports on the organisation of your work by October 1. You will submit quarterly reports to the Presidential Executive Office and the Economic Development Ministry on the complaints received from investors, your efforts to make practices more systematic and proposals to amend laws and regional and local regulations, as well as federal regulations where necessary.

Another issue I would like to mention here: these powers are important and serious, but you must avoid excessive red tape in your work and not attempt to substitute the existing mechanisms. I do not want you to become alternative prosecutors in investment cases, but if you receive complaints, you must look into them and find solutions.

Needless to say, you shouldn’t force your services on anyone. If the investor does not want your involvement, don’t badger him with your offers of help, because situations like that also happen sometimes.

Let's get to work.

<…> 

Additional

Trip to Magnitogorsk
March 30, 2011

Geography

  • Krasnodar Territory

Topics

  • Economy and finance
  • Regions

Publication status

Published in sections: News, Transcripts

Publication date: August 2, 2011, 15:00

Direct link: en.kremlin.ru/d/12173

Text version

Text
3
Photo

Share
Direct link
http://en.kremlin.ru/events/president/transcripts/12173
Share
  • VK
  • Telegram
  • Ok
  • Send by email
  • Print
Send by email

Official Website of the President of Russia:

Meeting with investment ombudsmen in federal districts

http://en.kremlin.ru/events/president/transcripts/12173

Last updated at March 20, 2015, 18:01

Официальные сетевые ресурсы

Президента России

Official Internet Resources

of the President of Russia

Русский Английский
  • For the Media
  • Version for People with Disabilities
  • Telegram Channel
  • Rutube Channel
  • YouTube Channel
  • Website of the President of Russia
  • State Insignia
  • Address an appeal to the President
  • Vladimir Putin’s Personal Website
  • Putin. 20 years

Presidential Executive Office
2025