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Classified in: Business
Subjects: LAW, FOR

Russian Direct Investment Fund Statement on Accusations Made by Some US Media


MOSCOW, November 30, 2017 /PRNewswire/ --

Following the reports made by some US media the Russian Direct Investment Fund considers it necessary to make the following statement: 

"RDIF focuses on cooperation with international partners for the purpose of joint investments in line with its mandate. Co-investments and meetings with RDIF are not restricted and are not subject to US sanctions or any other restrictions. RDIF always operates in full compliance with relevant regulations and legislation and its operations do not violate sanctions.

RDIF is not a part of Vnesheconombank and its operations are wholly independent of the bank.

RDIF is not engaged in any political activities. The fund operates purely on a commercial basis, providing our co-investors with attractive and stable returns.

US investors continue to invest in Russia, including co-investing with RDIF. We believe that a constructive dialogue between US and Russia is absolutely vital for geopolitical stability and addressing key world issues whilst contributing to economic and political stability.

RDIF reserves all rights to protect its legitimate interests and be compensated for any harm caused by misleading statements.

SOURCE RDIF


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