Russia to ease foreign investments in 2011-Putin
NOVO-OGARYOVO, Russia |
NOVO-OGARYOVO, Russia Dec 28 (Reuters) - Russia plans to amend laws concerning strategic sectors to ease access for foreign investments next year, Prime Minister Vladimir Putin said on Tuesday.
"In 2011 a row of amendments to the law on foreign investments into strategic sectors will be made," Putin told journalists, adding that in 2010 foreign direct investment totalled $40 billion.
He also said PepsiCo (PEP.N) has pledged to invest around $1 billion in Russian juice and dairy company Wimm-Bill-Dann WBD.N which it is buying for $3.8 billion.
(Reporting by Gleb Bryanski; Writing by Andrey Ostroukh; Editing by Toni Vorobyova))
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