Problems relating to Trade and Investment on Russia

 
26. Others
Issue
Issue details
Requests
Reference
(1) Measures to take in the event of Repeated Corporate Dissolutions / Liquidations - A Russian firm (RF) importing a Japanese Firm's product suddenly liquidated its operation, while transferring its business to a newly established company within the RF's Group, triggered by the initiation of tax investigation into one of its related companies. One year later, the same RF repeated the same process. Each time the Japanese Firm was forced to go through much difficulty in rewriting the Agreement, and securing uncollected balance of accounts receivable, etc. - It is requested that GOR improves the business practices prevailing in Russia for the sake of ensuring a stable business transactions.
(2) Capacity Shortage of Logistics Infrastructure - Shortage of Railroad Capacity destined to the Far East and Open-Top Cars has been the cause for unstable delivery schedules. The reinforcement of railway transport and port handling capacity are issues that require GOR's urgent attention.
- Overhauls on railway transport are insufficient. They lag behind in, such as double-tracking Trans-Siberian Railway and Baikal-Amur Mainline, materially affecting the transport of coal etc., for export by way of the Far East. This problem can halt further investment into Russian Federation.		 - It is requested that GOR:
-- takes the leadership in the overhauls of the infrastructure as soon as possible, and
-- extends further support in appreciation of the importance of overhauls and improvement of the infrastructure, (for example, on issues such as implementation of preferential measures on financing and taxation, increased efficiency by renewal of railway cars, creation of low interest / long-term loan by state banks that implement measures analogous to development banks, etc.)
- It is requested that on these GOR recognized issues GOR takes steps to:
-- move up the railway infrastructure development programme within the Far East 2013-17 focused on the russian railway transport, and
-- bring to completion the entire programme as soon as possible.
(3) Inadequate Materials in English - While nothing can be done on the originals in Russian, materials available in English are in short supply, including without limitation, on laws and legislative systems, materials (such as customs tariff rate list) relative to international trade. - It is requested that GOR takes steps to make available subtexts in English.
(4) Statistical Data - It is difficult to obtain statistical data relative to housing construction. For example, statistics on the number of housing starts, which are available in Japan by month and by region, are unavailable in Russian Federation. It is difficult to ascertain where and how the housing demands move along. - It is requested that GORF renews and disseminate round the clock statistical data relative to housing construction.

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