Georgia and Kazakhstan will remain without investments

On August 17, a meeting of the Board of the Eurasian Business Alliance was held to review investment projects.
In July, the project office of the Eurasian Business Alliance was established, specializing in the expertise and attraction of investments in various business projects in the territory of the Eurasian countries. In order to study the investment climate, the leadership of the Alliance made business trips to 9 countries, where they got acquainted with the conditions for investors and entrepreneurs. As a result of the trips, a meeting was held at which all the pros and cons of investing in various countries were discussed. Several investment projects were also considered. At the moment, the Alliance's project office is considering about 15 projects that have already been selected by the expert commission for investment. The key feature of these projects is the amount of investments in the amount of 100 million rubles to 2.5 billion rubles.. The total investment fund of the Eurasian Business Alliance is 100 billion rubles, which in terms of dollar equivalent is 1.6 billion US dollars. The Alliance's investment fund consists only of private investments and mainly from Russian investors. At the same time, it is important to note that all the interests of investors in the Alliance are insured by physical gold located in several independent vaults of Russia and Kyrgyzstan.
When considering the investment climate of the countries, special attention was paid to the attitude of the authorities and the banking sector to investments from Russian investors. And an unfavorable attitude towards investors was revealed in Kazakhstan and Georgia. It is for these reasons that the leadership of the Eurasian Business Alliance decided to refuse to allocate investments for investment projects from these countries. Georgia and Kazakhstan were recognized as countries with an unfavorable investment climate.