Russian President Dmitry Medvedev said on Saturday the country’s investment environment is still woeful and needs to be improved as a matter of urgency.
“I think that our investment climate is bad. We have plenty of achievements but as for the investment climate, it is bad,” he said at a meeting with ruling United Russia party activists.
“It needs to be drastically improved with incentives provided both to Russian and foreign business.”
There are standard principles of doing business in civilized countries, he said, adding that the priority was to reduce administrative barriers.
Business also needs stability, the president said, and this is precisely what United Russia is to ensure.
His remarks echo those by Prime Minister Vladimir Putin who said on Thursday that political stability was just as important as macroeconomic stability.
Putin, who is going to run for president in March 2012, said the state must not supersede business and private initiative needs to be given “more room to maneuver.”
THE COMMENT FINE PRINT - IN DEFENSE AGAINST MENTAL MIDGETS:Why do you not respond to my comment? Why is my comment gone? Why are you mean? Why do I hate you for erasing my comment? Why do you hate me for my comment? Why is cussing not allowed (Sometimes you do it - sorta!), when it helps me express my feelings? Why are you a #$&%@#? Why is it wrong to wish you dead? Why do you love Russia? Why are you stupid? Why are you unpatriotic? Why is, why is, why is and why is? My GOD man, Why are you worse than a communist?
The above manifestations of a horde of mental midgets is why I only respond to comments that have signed up to be a user of the blog! (Top right of website is link!) Anyone can comment and anyone can be erased after they comment, but only someone who takes the time to sign up gets a second look from me at the comment. Sorry: I have to draw the line somewhere and when you get thousands of spam, hate and death threat comments a day, then all you do is look at spam, hate and death threats, then I never get anything else done. If you comment after signing in, then I will get a message that someone has tried to post a real comment?
Thanks for understanding and even if you don't understand, thanks anyway...
Another day in the life of Windows to Russia...