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Ministry for Economic Development Will Procure Long-Term Visas for Foreign Investors
08.04.2013 10:18 / Interfax
Amendments to the ministry regulations were introduced on April 3.
The draft was studied by the cabinet of ministers on 28 March. A maximum visa term of five years was proposed for foreign investors whose application is backed by the Ministry for Economic Development. The new regulation will “help attract foreign investment to Russia and create a more effective business environment for foreign investors”.