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October 20, Dmitry Medvedev will hold the 28th meeting of the Consultative Council on Foreign Investment in Russia 20 October 2014 000 At the meeting to discuss investment cooperation and development in the pharmaceutical, telecommunications, food sectors in the areas of subsoil use and trade in electricity markets and energy efficiency technologies The event will be attended by First Deputy Prime Minister Igor Shuvalov, Deputy Prime Minister Arkady Dvorkovich, Minister of Economic Development A.V.Ulyukaev, Minister of Natural Resources S.E.Donskoy, Minister of Construction and Housing and Communal Services of M. A.Men, Minister of Communications and Mass Communications N.A.Nikiforov, Minister of Energy A.V.Novak, Finance Minister A.G.Siluanov, Minister of Health V.I.Skvortsova, Minister of Labour and Social Protection M.A.Topilin, Minister of Agriculture N.V.Fёdorov, general director of the Russian Direct Investment Fund K.A.Dmitriev, representatives of relevant ministries and agencies, foreign companies and organizations. * * The Advisory Council for Foreign Investments in Russia (FIAC), formed by the RF Government Decree of 29 September 1994 №1108 «On active measures to attract foreign investments into the economy of the Russian Federation", is a permanent body which carries out a preliminary examination and preparation of proposals on related to the investment attractiveness of the Russian economy, as well as arising from foreign institutional investors for investment projects on the territory of Russia. Chairman of the Advisory Board is the Chairman of the Government of the Russian Federation, Deputy Chairman and Chairman of the Executive Committee of the FIAC - Minister of Economic Development. The Board shall perform the following functions: a) prepare proposals aimed at improving the investment attractiveness of the Russian economy in the framework of the priorities of the Council and the problems of foreign institutional investors; b) consider the reports by federal executive authorities and foreign organizations, proposals and recommendations within the established competence; c) consider the differences between the federal bodies of executive power and foreign organizations whose leaders are members of the Council on matters within the competence of the Council; g) gives the order in the prescribed manner by the federal executive authorities and advice to managers of foreign companies - members of the Board on matters relating to the implementation of state policy in the sphere of investment activity, attraction of foreign investments into the Russian economy and the resolution of problems of foreign investors; e) approve the annual list of its priorities, the priorities of the development of the Russian economy and the most significant problems faced by foreign investors. Over a 20-year history in the work of the Advisory Council attended by more than 60 foreign companies and banks. Now it is composed of the heads of 51 major foreign companies, the total volume of investments in the Russian economy which exceeds 120 billion dollars. Currently, the Advisory Board refocused on it to solve problems encountered by foreign investors at the initial stage and during the implementation of investment projects. When necessary, the Advisory Council on key activities as experts can be involved representatives of companies and organizations that are not included in its composition, as well as independent experts. Within the framework of the working groups of the Advisory Board annually identifies several priority areas of activity for the planned period of work (one year), based on the priorities of the Russian economy and the most significant problems faced by foreign investors (according to their estimates). This allows you to focus as investors acting as experts and representatives of the federal bodies of executive power on the key issues and provide them with a solution. In 2014, as the priorities of the Advisory Board have been identified: the development of energy efficiency, administrative barriers and technical regulations, customs legislation, tax administration, banking and financial markets, trade and consumer sectors, to improve the investment image of Russia, improving the use of natural resources, innovative development, health care and pharmaceuticals, the development of the Far East and Siberia. Previous 27th meeting held FIAC October 21, 2013. Dmitry Anatolyevich Medvedev

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