Thursday, April 21, 2011

Khodorkovsky case ‘affected Russia's business climate=?UTF-8?B?4oCZ?=

The case against former Yukos CEO Mikhail Khodorkovsky affected foreign investment and the business climate in Russia, a Russian business community leader has said.

According to RIA Novosti, in an interview with Kommersant on Thursday the president of Russia’s Union of Industrialists and Entrepreneurs, Alexander Shokhin, said the investors’ opinion about Russia’s legal system was affected by allegations of procedural violations and selective use of law during Khodorkovsky’s second trial.

“If there is no convincing answers to those questions, trust in the legal system drops,” he said, adding that “trust in the system of justice is very important” for favorable investment and business climate.

Armenian News

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