Russia Hires Goldman to Boost Investor Image Abroad
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Russia hired Goldman Sachs Group Inc. to boost its image abroad as the most corrupt country among the Group of 20 last year seeks to attract foreign investors.
The Economy Ministry and the Russian Direct Investment Fund have signed a memorandum with Goldman under which the New York-based bank will advise on issues such as communicating government decisions, according to Deputy Economy Minister Sergei Belyakov. State-owned banks including OAO Sberbank and VTB Group will also assist, he said.