In France, President Dmitry Medvedev is urging French investors
to help Russia modernize its economy. Medvedev has submitted a series of changes
for the Criminal Code on economic crimes: remove the article on false entrepreneurship, reduce prison terms for money laundering, and increase the threshold for economic crimes to be treated as major. Information on the auctioning of state property will soon be available
on the internet. Nissan has high hopes
that its partnership with Renault and AvtoVAZ could win as much as 40% of the Russian car market by 2014-15. Evraz has won back its licence
to the Mezhegei coal field with a $31.7 million bid at a government auction. A new law prevents Russian businesses
from forming their own security departments.