The Russian government will simplify visa and migration procedures for foreigners involved in investment and high-tech projects in Russia, President Dmitry Medvedev said on Friday.
"A federal law facilitating visa and migration regimes for foreigners taking part in the implementation of investment, research and high-tech projects in Russia has been drafted," Medvedev said at a meeting with businessmen.
He also pledged efforts to improve and facilitate customs procedures for the export of commodities and the import of high-tech equipment.
"A number of measures are being planned to encourage investment in modernization and investment projects," the president said, although he warned that complex issues remained to be settled, particularly regarding special privileges.
"We have to act here, not invent excuses, as it sometimes happens in government over what we cannot do amid the economic crisis," Medvedev said.
A number of prominent businessmen, presidential aides and Prosecutor General Yury Chaika attended the meeting with the president.
BARVIKHA, February 26 (RIA Novosti)