The Prosecutor General’s Office announced the prevention of the departure of a number of large companies and brands from Russia

The building of the Prosecutor General’s Office Photo: Gennady Cherkasov

The departure of a number of large multinational companies and international brands from the Russian economy was prevented thanks to measures to reduce administrative pressure on business and protect the rights of foreign investors, the Prosecutor General’s Office of the Russian Federation said on Tuesday.

The ministry’s message states that the work carried out “to protect foreign investors who faithfully fulfill their obligations” helped to maintain representative offices in Russia of a number of large international companies and brands in the face of sanctions.

It is noted that it is particularly relevant in the conditions of sanctions pressure, “disruption of logistics chains, restrictions on the import and export of goods… We have acquired issues of business support, attracting investments both in various regions and sectors of the national economy.”

As stated in the Prosecutor General’s Office, “supervision over the observance of the rights of entrepreneurs has been adapted to new realities,” in addition, the work on identifying and eliminating barriers to economic activity has been significantly “restructured.”

The facts of red tape when considering applications from businessmen for the provision of public services, unjustified refusals, inaction to digitalize the process of their provision, as emphasized in the department, were “resolutely suppressed” by Russian prosecutors.

In 2022, according to the decisions of prosecutors, more than 100 officials were brought to administrative responsibility for violating the legislation on the organization of the provision of state and municipal services, the report says.

In total, prosecutors have achieved the elimination of more than 214 thousand violations of legislation on the protection of the rights of entrepreneurs and investors. The rights of 24 thousand economic entities have been restored, 38 thousand legal acts have been brought into compliance with the legislation.

According to the materials of the prosecutor’s inspections, about 50 thousand officials were subjected to disciplinary and administrative penalties, 206 criminal cases were opened.

Источник www.mk.ru

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