AND INVESTMENTS RISE AS WELL.
Publication: Monitor Volume: 1 Issue: 42
American businessmen tolda Moscow news conference June 28 that Western firms were likelyto invest $20 billion in Russia over the next decade, Interfaxreported. So far this year, Western firms have invested $500 million.In a related development, the US Overseas Private Investment Corporationannounced the distribution of $350 million to American firms forwork in Russia, new rules for providing exchange rate insuranceto such firms, and plans to decide on funding for a Russian pipelinein the near future.
Industrial Accidents Rise as Production Falls.