23 December 2003 18:12
Putin calls for coordinated investment policy with businesses
Moscow, 23 December: Russian President Vladimir Putin today proposed that the state and business combine efforts
"to develop a coordinated investment policy". Speaking at the meeting of the board of the Russian Chamber of
Trade and Industry, Putin said that this was necessary, first and foremost, in spheres such as education, health and
ecology. "There is also a real need for business to play a role in solving the problems of mortgage credit,"
Putin said.
He said all these subjects are today being analysed by a working group handling the country's priority tasks.
"The long-term requirements of state and business coincide in this area," he said. [passage omitted]
The president believes that the "corporate principles of social responsibility can and should be formulated and
put into practice" now. He gave the example of developed countries where "social accounting confirmed by
independent audits is one of the strongest arguments of economic competition". [passage omitted]
[ITAR-TASS news agency] |
RUSSIA IN FACTS
