Financial Times FT.com

Russia seeks to mend ties with the west

By Catherine Belton and Charles Clover in Moscow

Published: October 6 2008 20:20 | Last updated: October 6 2008 20:20

Russia will seek to mend fences with the west after the conflict in Georgia by brokering more foreign direct investment deals amid fears that the country faces a period of stag­flation, a ­senior adviser to Dmitry Medvedev on Monday said.

Igor Yurgens said officials were seeking to send signals of an improved business climate as Russia battles to restore investor confidence badly shaken by the conflict’s cold war rhetoric.

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