The whole effort should create 5,500 jobs in the localities. The capital investment will be combined with an advertising campaign and efforts to link directly with local wholesalers and retailers. PepsiCo is also planning operations in Kazakhstan and Kyrgyzstan. As of 1 January, foreign banks are again allowed to provide services to Russian residents after a ban on such activity from 1993 was lifted. They will not be permitted to trade in Russian equities until after 1 July 1999.
Commissions charged by foreign banks are also prohibitively high for most Russian enterprises.
Russian industries are still emitting 90,000 tons of ozone-depleting gases every year.