Experts on the de-offshorization of the Russian economy

Sergey Ryabukhin, Chairman of the Council of Federation Committee on Budget and Financial Markets, and Georgy Smirnov, the senior expert of the Investigation Committee of Russia, commented on the situation in the sphere in Russia. Last year, 42% of the Russian foreign trade turnover ($321.2 billion) passed through offshore zones. The Top-5 of offshore companies countries are Switzerland, Hong Kong, Ireland, Cyprus, the British Virgin Islands.