Bloomberg Agency: Russia is the most investment attractive country of BRICS

The Russian Federation is the most investment attractive country of BRICS and represents the most lucrative market for investors in 2015 among the states of this international association. This was reported in the Bloomberg research article, which is published on the company’s website.
As noted in the article, after the December "muss" (reduction of the oil prices, the ruble, and then raising the key rate of the Central Bank of the Russian Federation), the situation has changed significantly, the Russian economy has stabilized.
Analysts emphasize that the shares of Russian issuers somewhat undervalued and can bring greater profits in reducing the political risk in the future.
Tatarstan Investment Development Agency of the Republic of Taliya Minullina emphasized the attractiveness of the Russian investment space in the current economic conditions and noted the mechanisms established within the BRICS:
"The new positive in relations with foreign investors brought the the exchange-value of the rouble: land, labor became more accessible. Our partners understand this.
Of course, today a lot of attention is paid to the interaction of the BRICS and the SCO countries. It's a good and for a long time, but this does not exclude cooperation with other players in the global investment field.
As known, in July was held the youth BRICS in Kazan and the SCO and BRICS summits held in Ufa. As a result of persistent, systematic work has run a powerful mechanism for cooperation in the economic and investment spheres. For example, under the agreement on the pool of foreign exchange reserves, central banks of BRICS countries will reserve billions, including in order to minimize risks in case of heavy capital outflows. Russia, India and Brazil will contribute 18 billion dollars each, China - 41 billion, South Africa - 5 billion. BRICS financial institution - New Development Bank has begun its work.
Thus, the new mechanisms will implement large investment projects, which means that the economy will get a powerful impulse to development, there will be more jobs.
I should note the joint Russian-Chinese investment project as High-speed highway Moscow-Kazan, which, according to the Ministry of Transport of Russia, will create up to 80,000 jobs, including in Tatarstan".
 
For reference
Bloomberg company was founded in 1981, it is one of the leading providers of financial information for professional financial market participants. The company's headquarters located in New York.
 
TIDA Press Service, Iskander Akhmedov