THE INVESTMENT STRATEGY OF REPUBLIC OF MORDOVIA UNTILL 2020 HAS BEEN APPROVED
On June 16,2014 the Government of the Republic of Mordovia examined and approvedinvestment strategy of the Republic of Mordovia 2020.
Thedocument is designed to improve the investment attractiveness of the Republicof Mordovia, pursuant to Decree of the President of the Russian Federation #1276 of September 10, 2012 "On the performance evaluation of the heads offederal executive authorities and senior officials (heads of supreme executivebodies) of the Russian Federation constituent entities to create favorableconditions for doing business" in terms of implementation of the Standardsfor executive authorities of the Russian Federation aimed at creating favorableinvestment climate in the region.
Theinvestment strategy of the Republic of Mordovia is a document in whichlong-term objectives and expected outcomes of the functioning of the executiveauthorities of the Republic of Mordovia, together with the business communityaimed at creating a favorable investment climate in the Republic of Mordoviaare defined.