Putin wants strategic initiatives agency to focus on newcomers

MOSCOW, Jul 27 (PRIME) — Russian Prime Minister Vladimir Putin on Wednesday suggested that the newly created Agency for Strategic Initiatives should primarily support projects of newcomers, while not overlooking those of accomplished businessmen.

The agency also should establish criteria and standards in business education and training, Putin said, RIA Novosti reported.

Speaking about other agencys goals, Putin suggested that its expert council should help the government find a compromise for the introduction of new environmental standards in order to have them coincide with the existing financial and investment capabilities of Russian companies.

The prime minister also announced that Andrei Nikitin, CEO of Management Company Ruskompozit, had been chosen as the agencys director. Nikitin expects the agency to focus on the elimination of administrative and regulatory burdens, as well as on the improvement of the business climate in the country.

The agency, which is expected to start operating in SeptemberNovember, plans to provide support to 100200 innovative projects per year, a government source said earlier.


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