Russia's Prime Minister Vladimir Putin, left, walk with French Prime Minister Francois Fillon to the Matignon Palace, Paris, May 29, 2008.
Photo: Dmitry Azarov
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Russia’s Economy Open to Non-Resident Investors
Russia’s economy is liberal and open to nonresident investors, Russia’s President Vladimir Putin announced at the briefing held after the negotiations with French Prime Minister Francois Fillon.
In the course of RAO UES reorganization, Putin reminded, European investors are buying out majority stakes in the biggest outsourced companies. European companies are involved in nearly all big projects for hydrocarbon production in Russia.
Putin referred to Russia’s business of French Total and Gaz de France as a positive example. At the same time, the prime minister emphasized disproportion between the French investments in Russia’s economy and Russia’s investments in the economy of France.
Perhaps, some more time is needed so that our European partners get accustomed to cooperating with Russia’s companies and appreciate their impact in the joint work, Putin said.
Certain circumstances slowing down the growth in Russia’s investments in France had existed until recently, French PM Francois Fillon pointed out, setting hopes on future partnership and cooperation agreement of Russia and the EU.
www.kommersant.com
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