As informed by FinMin Alexei Kudrin, foreign direct investment will most probably hit record results in 2005 after USD 9.3bn inflow in the first half of the year. For comparison, foreign direct investment amounted to USD 11.8bn in 2004. It was made via majority stake acquisitions and joint-ventures.
Speaking at a press-conference, the finance minister added that the economic policy in Russia in currently the most effective in 35 years. The analysts however tend to claim the investment climate worsened since Mikhail Khodorkovsky's detention, trial and conviction.