The Russian government needs to focus on reforms to maintain a high level of GDP growth and improve global competitiveness, says VTB Capital.
Wage growth in Russia, prompted by the country’s recent accession to the World Trade Organisation, is boosting consumer demand, making the consumer sector an attractive investment opportunity.
Russia's accession to the World Trade Organisation last week after two decades of negotiations positions the country for significant long term growth, according to David Reid, analyst for the UK domiciled Eastern European Trust.
East Capital’s chief economist Marcus Svedberg (pictured) is convinced that Russia joining the World Trade Organisation will positively impact its image in the eyes of foreign investors, but in order to improve its long-term perception the country needs...
The EU has welcomed Russia’s accession to the World Trade Organisation (WTO) after 18 years of negotiations, particularly since the two countries have a strong trading partnership.