Russia regulates foreign investment in 42 ‘strategic’ sectors
Putin is to head a state commission controlling foreign investment.
“The new law on foreign investment in no way bans investors, but rather creates for them maximum transparency and clarity of procedures,” he stated.
Experts can understand the government holding on to sectors it considers nationally sensitive, but believe 42 is casting the net too wide.
Cracks are already appearing in the government line. Finance Minister Alexey Kudrin admits the number of strategic sectors is too long and has vowed to fight for a smaller list.