The possibility of creating an investment trust in Crimea

Elena Borisovna Zav’ylova, Evgenija Vadimovna Taranovskaja and Olga Arkadievna Dronova
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Elena Borisovna Zav’ylova: Moscow State Institute of International Relations (University) MFA Russia
Evgenija Vadimovna Taranovskaja: Russian Foreign Trade Academy, Moscow, Russia
Olga Arkadievna Dronova: Moscow State Institute of International Relations (University) MFA Russia

Russian Foreign Economic Journal, 2017, issue 5, 66-76

Abstract: The authors consider options for attracting foreign capital to finance the development of the economy of Crimea under conditions of anti-Russian sanctions. They note the fears of Western entrepreneurs to openly participate in providing funds to Crimean enterprises, although such wishes exist. In this regard, the authors assess the possibility of creating an international investment trust, in which information on specific participants is not disclosed. They refer to the extensive practice of creating similar foundations in common law countries, primarily in the UK, Guernsey, as well as in Liechtenstein.

Keywords: Crimea; foreign investments; investment trust; schemes for creating trusts; maintaining confidentiality. (search for similar items in EconPapers)
Date: 2017
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