Russia rises by 30 positions in new World Bank’s Doing Business rating

30/10/2014

In this year’s rating that assesses the comfort of doing business in 189 countries around the world, Russia occupies the 62nd place.

The WB rating assesses the comfort of doing business in 189 countries around the world. Greece is 61st, ahead of Russia and Moldova is below — in the 63rd position. In last year’s Doing Business ranking, Russia was 92nd between Barbados and Serbia.

“We have never before risen up 30 positions at a time. What has caused this growth? The National Business Initiative roadmaps have largely contributed to this. Of particular note are the measures facilitating the registration of business and property and getting building permit. In addition, the preparation of tax reports has become less consuming. I think such a substantial improvement of Russia’s position in the Doing Business ranking proves the effectiveness of direct and open dialogue between the authorities and the business community. This is the approach that was chosen in the roadmaps’ development and implementation,” says Andrey Nikitin, Director General of the Agency for Strategic Initiatives (ASI).”

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