Putin wants roadmaps for better investment climate implemented by 2015

Russian President Vladimir Putin has asked for all the measures written down in roadmaps to improve the investment climate implemented by 2015.

Russian President Vladimir Putin has asked for all the measures written down in roadmaps to improve the investment climate implemented by 2015.

"The big decisions cannot be put off any longer and transferred to after 2015. I think all measures that are already written into roadmaps to improve the business climate should be implemented in the next two years. I ask the government to be guided by that," the president said at the VTB Capital Russian Calling forum in Moscow on Wednesday.

"Several ministries and departments often do not consider improving the quality of the business climate and administrative procedures a priority of their work," he said.

An important key to increased economic efficiency is improving the business climate, Putin said.

Implementing the roadmaps in the next two years does not mean that after 2015 the work can be considered complete.

"Improving the business climate is a constant process. Because other countries do not stand still. And if we want to be competitive in the struggle for investments, we need not only to introduce the best international practices but also move forward," the president said.

The roadmaps to improve the investment climate will be simplified and become clearer, the president promised

The Russian authorities will monitor the situation with regard the number of days companies spend on the receipt of documentation about the right to build, to connect to infrastructure, including electricity grids, and what time is spent getting cargo through customs.

"We will look at what is hindering the achievement of better indicators and act based on real requirements," he said.

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