News

PSSI launches a project on identification of instruments for the protection of the Czech Republic from the non-standard economic behavior of the Russian Federation

24.05.2017

The use of economic and financial instruments to achieve political goals is an important element of the foreign, defense and development policies of each state. The way in which this power is exercised externally or how it treats foreign investors, almost without exception depends on its political and economic establishment. Differences are manifested in times of increased political and economic tension, such as Russia, on the one hand, and the European Union and NATO, on the other, when strategically motivated attempts are being made to strengthen Russia's economic and political influence in the individual EU Member States and NATO.

The objective of these activities, which are often presented as standard business transactions, may be to obtain control of a foreign state or a private (but closely linked) firm over significant enterprises or entire sectors of the national economy, access to control systems and technologies necessary for state security Infrastructure) and often unfair competition (theft of intellectual property) threatening economic competitiveness.

The project should fill this gap by monitoring Russian acquisitions and investments in strategic projects not only in the Czech Republic, but also in Slovakia, Germany and Poland, and then regularly reporting on the importance of these activities. The monitoring will take the form of four briefing papers that will monitor the activities of Russian companies in the various sectors of the economy.

The second part of the project will outline the existing mechanisms available to the Czech state to regulate the entry of foreign companies into strategic sectors. Since some European politicians are already talking about the need to establish a European control mechanism of this type, it is important that the discussion on this issue will be launched in the Czech Republic as soon as possible.

The project is supported by the Open Society Fund Prague.

More information about the project is available only in the Czech language here.

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