Is the Mandate for Local Production Attracting Direct Foreign Investment for Russia's Automotive industry
The article discusses various ways Russia's economy could attract direct foreign investment, with a particular focus on the automotive industry. It enumerates the challenges facing that industry, and suggests ways to resolve them. The paper notes the importance of bringing foreign investment into a strategic sector (such as autos), but states that the current mandate for local assembly may actually be leading foreign companies not to invest in Russia. It reaches this conclusion by conducting an analysis into international cooperation in this field. The document also reviews the effects of a tariff that is intended to encourage foreign automakers to build their industrial organizations in Russia. In conclusion, this assessment devotes its primary focus to covering