Russia is rising the fastest in the Bric region with ease of doing business.

In a recent report by the World Bank Russia was singled out as being one of the most improved nations in the latest World Banks ease of doing business report that was distributed towards the end of October.Russia came out at 92nd out of 189 nations  rising 19 spots to emerge as the second leading country in the Bric region. In principle, this implies it is less complicated to do business in Russia in comparison to any of the other Bric economies with the exception of South Africa. Russia is a member of the Bric group which contains some of the world’s leading emerging market countries that also includes China, India, Brazil and South Africa.

The ranking for ease of doing business for the other Bric countries was of 189 was China 96th, Brazil 116th, India 134th and South Africa 41st.