The country needs a new quality of investment climate - Putin urged to minimize business costs

16:30; 20 June 2025 year

By 2030, Russia should become one of the twenty world leaders in terms of business conditions. This was stated by Russian President Vladimir Putin at the SPIEF 2025 plenary session.

The President called for drastically minimizing business costs in all areas, from construction and providing communications for new projects to current operational activities, including all types of accounting and notarial support.

He noted that the country needs a "new quality of investment climate." The volume of investments in fixed assets in Russia by 2030 should grow by at least 60% to the level of 2020.

According to him, the government has already launched a system to support investments in the regions - comprehensive investor support, up to the commissioning of the enterprise with access to all support mechanisms, including tax benefits and deductions.

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