Advantageous geographical location: EU (508.2 million consumers) and EAEU (282 million consumers), developed infrastructure, transport connection
- Membership in the Eurasian Economic Union
- Absence of sanctions in contrast to Russia
- Good economic and political ties with the EU and CIS countries, Ukraine
- Preferences and tax exemption for investors
- Highly qualified personnel in industry
- Privatization potential (e.g. about 70% of enterprises still belong to the state)
- Good conditions for business organization. The 44th place in the World Bank rating “Doing Business 2016” (Russia is in 51st place)
- Low crime rate
- Low level of corruption in comparison with neighbors (Russia, Ukraine)
Advantages of membership in the Eurasian economic union
- customs union, absence of import duties and restrictions
- uniform rules, standards (technical, hygienic and other certificates)
- free circulation of goods, capital, labor