NEW YORK ( TheStreet) -- During Russian President Dmitry Medvedev 's visit to the U.S. last week, among other objectives, he presented the concept of Russia as a modernizing country worthy of increased foreign investment. Investors looking to tap the country's newfound emphasis on economic reform can gain exposure with Market Vectors Russia (RSX).A little over a week ago, Medvedev announced that Russia's capital gains tax on direct investment would be abolished starting in 2011. The number of industries that are off-limits to foreigners will also be reduced by more than 80% as the country looks to attract foreign investors.
ETFs For Capitalist Russia
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