Barents Business, Trade and Investment Development

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The project is based on co-operation between chambers of commerce realised in the Euro-Arctic area of the Barents Sea. The co-operation thus far has helped to identify factors having impact particularly on business activities between Finland and Russia and on the amount and level of trade and investments. This project will define and register business opportunities as well as factors preventing, delaying and hampering them from the viewpoint of enterprises already operating as well as of those planning to establish their activities in the region. The factors influencing the business environment of the enterprises in the region will be divided into three parts having as their themes customs and border-crossing, business, taxation, customs and investment legislation as well as logistics and traffic. An ”appeal of the business life” concerning development needs of the legislation guiding business activities in the Barents Euro-Arctic co-operation region will be drawn up based on the results. The project will also organise annually two seminars concerning the themes of the work groups.

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