VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN

Point of View

28 october
2011
Targeted Support for the Economy 197

“We must create additional growth points in the regions, as well as new industries and production lines. We must enter the world markets with science-intensive goods and services, as well as other products with high added value. The previously mentioned public-private partnership will play a major role in our efforts to achieve our development goals.”

Vladimir Putin
At a meeting of the Board of the Chamber of Commerce and Industry, October, 28
12 august
2011
Targeted Support for the Economy 197

"The construction industry is one of the most important to our economy, and to the economy of any developed nation. There are huge challenges before you – to build new industrial facilities, new roads, tunnels, bridges and other infrastructure. There are huge challenges in housing construction. In the near future we must double the number of housing built across the nation (up to 140 million square metres a year)".

Vladimir Putin
During the opening ceremony of a flood control complex in St Petersburg, August 12
8 july
2011
Targeted Support for the Economy 197

“I would like to emphasise that the shortages of petroleum products and unstable prices should not stand in the way of economic growth or cause problems for the Russian people. We need a clearly understandable material balance of production and consumption for the main types of fuels and petroleum products.”

Vladimir Putin
At a meeting on Russia’s refining industry and petroleum products market, Leningrad Region, Kirishi, July 8
8 july
2011
Targeted Support for the Economy 197

“We should seriously think about increasing refining volumes, specifically secondary processing, including such processes as isomerisation, reforming and cracking. We have taken a careful look into the latter here in Kirishi. All these processes make it possible to produce high-quality products that enjoy market demand. They ensure deep conversion levels and the world-class quality of our petroleum products.”

Vladimir Putin
At a meeting on Russia’s refining industry and petroleum products market, Leningrad Region, Kirishi, July 8
28 april
2011
Targeted Support for the Economy 197

“Last year, we ranked first worldwide in oil production with 505 million tonnes, leaving even Saudi Arabia behind. We cannot allow our own people to experience shortages of oil or oil products in any part of the country. We simply must be more flexible in reacting to the changes that are taking place on the global and, hence, on the domestic market.”

Vladimir Putin
At a meeting of the Government Presidium, April 28
14 april
2011
Targeted Support for the Economy 197

“We should tackle the gridlocks in the rail infrastructure; secure transshipment of the Russian coal at seaports and border crossings; and create the additional capacity for boosting coal exports, specifically in the strategic Asia-Pacific area.”

Vladimir Putin
At a Government Presidium meeting, April, 14
8 april
2011
Targeted Support for the Economy 197

“Obviously, the successful development of the power engineering industry will require good management decisions, long-term investment, effective financial support for projects, and tax incentives. We also need a customs policy that will stimulate the development of industry in Russia and one that does not function as a barrier to the import of foreign equipment and unique technology that we do not yet make and that consumers need so much”.

Vladimir Putin
At a meeting on the development of power engineering in Russia, April 8
8 april
2011
Targeted Support for the Economy 197

“Modern equipment is needed to ensure stable and reduced electricity prices that can minimise the costs of producing power, transporting energy resources and managing the grid. This is a crucial material factor besides the competitiveness of the industry, which is a purely economic factor”.

Vladimir Putin
At a meeting on the development of power engineering in Russia, April 8
19 march
2011
Targeted Support for the Economy 197

“Along with the development of the oil and gas industry, we must give new impetus to the coal industry, so this year, we should start full-scale development of the Elga deposit in South Yakutia. We will implement a project to create a modern export infrastructure for Sakhalin coal.”

Vladimir Putin
At a meeting on the comprehensive development of the fuel and energy industry in Eastern Siberia and the Far East
18 march
2011
Targeted Support for the Economy 197

“We must first of all encourage the purchase of machinery and equipment manufactured in Russia. In this regard, I believe we need to take greater advantage of the positive experiences we had in implementing our plans for the auto industry and create every condition to encourage manufacturers of agricultural machinery, including international companies, to develop production in our country.”

Vladimir Putin
At a teleconference on preparations for spring sowing, March 18)
13 january
2011
Targeted Support for the Economy 197

“We have always provided considerable assistance to this sector because of its economic and social importance. Last year it was granted over 180 billion roubles, compared to 103.2 billion roubles in 2009. This allowed the railways to set lower prices for passenger and cargo transportation than initially planned. Railway traffic grew by over 10% in 2010, which is fresh evidence that the country’s economy is recovering from the crisis. This is one of the main and best indicators of recovery.”

Vladimir Putin
At a meeting of the Government Presidium, January 13, 2011
22 december
2010
Targeted Support for the Economy 197

“State support for the automobile industry was timely and effective. More than 44 billion roubles were spent in 2010 to stimulate domestic demand. Incidentally, we were just now talking with the workers and I think that if one takes into account all the channels of support for GAZ, it amounts to 8 billion roubles. I mean stimulation demand, scrapping, subsidizing credit, state guarantees for certain enterprises, procurement of cars and vehicles for state needs and so on. As I said, 13 billion was spent under the scrap and reduced cost credit programmes.”

Vladimir Putin
At a meeting to review progress in the automobile industry development strategy until 2020, December 22, Nizhny Novgorod
8 december
2010
Targeted Support for the Economy 197

“We must fundamentally modernise our pharmaceutical and medical industries. Basically, we'll have to develop a new industry that will attract investment, generate innovations, create efficient jobs, and, most importantly, that will produce competitive, safe, high-quality and affordable products for our people and our health care system. We must reach a strategic goal – meeting domestic requirements in pharmaceuticals and equipment ourselves.”

Vladimir Putin
At a conference at ChemRar on the development of the pharmaceutical and medical industries until 2020, December, 8
18 november
2010
Targeted Support for the Economy 197

“I'd like to say a few words about the VSMPO-AVISMA Corporation. You visited it seven years ago. Do you remember the condition it was in? The involvement of Rostekhnologii changed everything. The support of the local authorities changed the situation beyond recognition. They have invested almost $700 million in reconstruction and are planning to spend as much in the next two to three years. This will fundamentally change production. Major changes will also take place here, at the Locomotive Plant. AVISMA launched new production with American partners; the Locomotive Plant is cooperating with German partners, whereas the Pervouralsk New Pipe Plant is a strictly Russian enterprise. All three enterprises are paying a great deal of attention to the prospects for creating an entirely new technological foundation, and they deserve support.”

Vladimir Putin
At a meeting with Sverdlovsk Region Governor Alexander Misharin, November 18, Sverdlovsk Region
2 november
2010
Targeted Support for the Economy 197

"The Russian government has invested a decent amount of money into AvtoVAZ: 75 billion roubles. In addition, we have continued the programme for exchanging used cars, and AvtoVAZ is also receiving a substantial amount of money under this programme. We have allocated several billion roubles to decrease the burden the company bears in dealing with social issues: four billion roubles. And all of this has yielded results."

Vladimir Putin
At a meeting with CEO of Renault-Nissan alliance Carlos Ghosn, November 2
21 september
2010
Targeted Support for the Economy 197

“The Russian car market is potentially the largest in Europe. In addition, it has good prospects for exporting products to neighbouring countries. This is why we need large production facilities, not just mid-sized. This is what we need to create an efficient network of supplier plants and to pursue our own engineering solutions. Obviously, one of these manufacturers is our traditional manufacturer, AvtoVAZ, which is capable of producing up to 700,000 cars a year and is planning to form an alliance with the Renault-Nissan corporation, which is already a shareholder in AvtoVAZ.”

Vladimir Putin
At a meeting on localising the production of cars and car parts in Russia, September 21
14 september
2010
Targeted Support for the Economy 197

“We have drawn up a big programme to support the Russian automobile industry. It envisages not only car scrappage but also subsidised interest on private loans for car purchases. It also includes customs tariff regulation to protect the market from imports, in a way, after we encountered competition that was unfair to our manufacturers as surplus stock flooded our market at dumping prices.”

Vladimir Putin
At the United Russia conference on the development strategy for the Volga Federal District, September 14
10 september
2010
Targeted Support for the Economy 197

“Our strategic goal is well-known - we must create a strong and competitive nanotech industry, whose products will be in demand domestically and on global markets. Russia has the necessary academic potential, specialists and technology to meet this goal. The government has provided substantial support to the nanotech industry. To mention just one example, it contributed 130 billion roubles to the corporation's authorised capital when it was established.”

Vladimir Putin
At a meeting to discuss government regulation of the microelectronics market, September 10
24 august
2010
Targeted Support for the Economy 197

“We see the advancement of the fishing industry as one of our key priorities. Despite the federal budget limits, we've decided to maintain spending on the federal targeted programme in the industry at the original level (over 32 billion roubles) and to extend (the programme) for one more year, through 2014. As you know, we subsidize loans taken out by enterprises to build and upgrade vessels as well as to develop processing and storage infrastructure for the fishing industry. Funds are also being spent to set up special fish markets in Russian regions. By the way, it would be interesting to hear from you today about where the first such markets are going to appear. The industry's top management has its own plans for this.”

Vladimir Putin
At a meeting on measures to advance Russia’s fishing industry, August 24, Petropavlovsk Kamchatsky
27 july
2010
Targeted Support for the Economy 197

"I am convinced that the Russian steel industry has everything it needs to become one of the world leaders in effective production and management, energy efficiency and environmental friendliness quite soon… Much remains to be done. You know it better than anyone else, because your production facility still lags behind its competitors in labour efficiency and consumes 15% to 20% more electricity. All this, of course, is a legacy of the past, a legacy that is difficult to get rid of. You can't undo everything in one fell swoop, but we are moving in the right direction. We need to start manufacturing the products where we still rely on imports."

Vladimir Putin
At a meeting on the development of the steel industry, 23 july, Chelyabinsk
27 july
2010
Targeted Support for the Economy 197

“The space rocket field has been one of the state's priorities since its inception. Space has always occupied a special place for us, and I hope it will continue to do so. And so, despite the difficulties we face because of the downturn, the space sector received all the money originally allocated, in accordance with the approved programmes. Moreover, last year we provided government support for companies in this sector that were in a difficult situation - funds were provided to increase companies' authorised capital, interest rates on favourable loans were subsidised and government guarantees were issued... We expect investments in the domestic space industry will yield considerable benefits, serving as a catalyst for growth in related manufacturing sectors, which will in turn help resolve many socio-economic problems.”

Vladimir Putin
At a meeting with space industry leaders at Energia headquarters, 19 july, Korolyov
21 june
2010
Targeted Support for the Economy 197

"We have competitive solutions in the aviation industry. The United Aircraft Corporation plans to triple its production of civil aircraft between 2011 and 2013, which marks a transition from producing to order to mass production. In order to implement these large-scale plans, we will have to modernise aircraft plants. We either have or are designing similar development projects in other industries as well."

Vladimir Putin
At a meeting on federal budget spending on industry and transport for the period 2011-2013, June 21
16 june
2010
Targeted Support for the Economy 197

“Today geological exploration is a promising and attractive enterprise, where each rouble invested by the government attracts 10 roubles of private investment. In recent years proven reserves of strategic reserves, including oil, gas, gold and copper, have grown faster than the amount of these resources produced each year. This shows that we've resolved the problem we faced several years ago when we produced more than we developed, which caused certain problems and concerns. Today we can report that we have resolved the priority issues for exploration in this field.”

Vladimir Putin
At a meeting of the Government Presidium, June 16
20 may
2010
Targeted Support for the Economy 197

“Approving the first single-industry city support projects is another major item on our agenda. This is our priority not only for 2010, but also going forward, because both current problems and matters pertaining to the overhaul of the national economy are closely intertwined on this issue. We are planning to allocate 27 billion roubles from the federal budget for the development of single-industry cities in 2010. These funds are aimed at implementing infrastructure projects that will attract business and help create new, modern production lines, at supporting small and medium-sized businesses and at improving conditions in problematic cities. In addition, the regional authorities, municipalities, management teams of major enterprises and interested investors must all implement their own measures in singe-industry cities. As we have agreed, support will primarily be rendered to those single-industry cities that have submitted adequate and realistic programmes”.

Vladimir Putin
At a Government meeting, May 20
28 april
2010
Targeted Support for the Economy 197

“To create a favourable investment climate for this project, we exempted the developers of the Caspian fields from the mineral extraction tax. Companies have also raised the issue of reducing import duties. We'll think about it. I've already issued corresponding directives to government agencies, including the Ministry of Finance, the Ministry of Economic Development and the Ministry of Energy. We must calculate the costs and benefits of these projects. But I'm not ruling this out. Either way, we'll support projects of this kind. As far as support instruments and mechanisms, we need to consult with you and decide together.”

Vladimir Putin
A meeting to discuss the development of oil and gas fields in the Russian sector of the Caspian Sea, April 28, Astrakhan
20 april
2010
Targeted Support for the Economy 197

“We tried to support the auto industry which was hardest hit in Russia and probably in the world. Overall, the government will purchase an additional 100 billion roubles worth of domestic vehicles in 2009 and 2010, including cars, trucks, buses and other vehicles for federal and municipal services. Moreover, when I talked to company executives, many said flatly that their companies would have long gone out of business without this programme. Production would have been halted and people fired.”

Vladimir Putin
A report to the State Duma on government performance in 2009, April 20, Moscow
4 march
2010
Targeted Support for the Economy 197

“The Russian government and Russian automakers will have to resolve a number of fundamental issues. First, we need to introduce modern technical regulations setting requirements for automotive safety and reduction of polluting emissions. By removing outdated equipment from the market, we will make the air in our cities cleaner and, most importantly, we will save thousands of lives that are lost today in road accidents.”

Vladimir Putin
At a Government meeting, Moscow, March 4, 2010
4 march
2010
Targeted Support for the Economy 197

“Getting back to the auto industry, we need to seriously increase the competitiveness of the Russian auto industry. In just a few years, we were able to attract all major automakers to Russia. We were able to convince them to open their assembly plants in Russia and now they are working in this country. Today, they have become an integral part of the Russian auto industry and are full-fledged representatives of Russian auto manufacturing. But this alone is not enough; it is only the first step. Our end goal is to build a modern auto industry in Russia, including the entire production chain - from the steel sheet to the end product.”

Vladimir Putin
At a Government meeting, Moscow, March 4, 2010
4 march
2010
Targeted Support for the Economy 197

“Issues of training engineering personnel and the company conducting its own research and development are of considerable importance and need to be addressed. Of course, we cannot hope for an instant result. But if promising potential is created, we may one day talk of establishing reputable Russian centres for the development of new automotive equipment and new concentrations of know-how.”

Vladimir Putin
At a Government meeting, Moscow, March 4, 2010
11 february
2010
Targeted Support for the Economy 197

“The government provided various types of assistance to KAMAZ last year. A total of 25 billion roubles were allocated to the company: 19 billion roubles went to the direct purchase of vehicles, and a further 6 billion roubles were allotted through a leasing agency. This government assistance helped the company to sell 40% of its production.”

Vladimir Putin
At signing ceremony and meets with the KAMAZ-Master team, Naberezhnye Chelny, February 11, 2010
5 february
2010
Targeted Support for the Economy 197

“We will also allocate an additional 250 billion roubles to encourage mortgage lending and stimulate demand in the housing market. We discussed this issue at the United Russia congress, and we have committed ourselves to it.”

Vladimir Putin
At the meeting with United Russia party leadership, Moscow, February 5, 2010
5 february
2010
Targeted Support for the Economy 197

“The federal government alone will allocate 30 billion roubles from its budget for purchasing vehicles. Last year we allocated 35 billion roubles, and this year 30 billion roubles. If necessary we will increase funding, depending on the situation. Another 11 billion roubles have been budgeted for buying up old cars for a recycling programme. This is a new programme, and as you are aware, entails certain challenges. Unlike other countries, Russia has never done anything like this before, and consequently the necessary infrastructure is lacking. There are not enough scrap companies in the regions, and unfortunately so far no logistics system has been developed for transporting these vehicles to the disposal sites. But work is under way. I hope that we'll be able to begin this programme in March as planned.”

Vladimir Putin
At the meeting with United Russia party leadership, Moscow, February 5, 2010
2 february
2010
Targeted Support for the Economy 197

"To resolve the problem as it stands now, after deciding that these vessels can fish in our economic zone if they are registered in accordance with Russian legislation, and to pursue any other related problems, we should do the following: The owners of these vessels built with the above-mentioned loan should register them as the property of the Russian Federation. After that, these vessels will be reregistered in accordance with Russian legislation, including registration with the Federal Agency for Fishery, so that the crews will be able to start using these vessels immediately. The Federal Agency for Fishery will either lease these vessels back to the companies, or sell the vessels back to them but only on condition that they resolve their debt completely, some owners of which have repaid 85%-90% of the loan."

Vladimir Putin
At a conference on fishing vessels built with government guarantees, Moscow, February 2, 2010
29 december
2009
Targeted Support for the Economy 197

"Strategically, we should establish oil refineries in Russia, to process oil here and sell refined oil products. But today this strategy, and this objective reality, as I have said, sometimes clashes with the economic logic. Therefore, this issue should be analysed carefully; we need to determine what and where to build, and to whom we should sell. After this scrupulous in-depth analysis, we will be in a position to make a decision about the construction of oil refineries, including for the oil pipeline we commissioned yesterday".

Vladimir Putin
At a meeting with journalists, Primorye Territory, December 29, 2009
29 december
2009
Targeted Support for the Economy 197

"The housing and community utilities sector is an eternal problem for this country. The problem is rooted in the fact that this monopolised market was primarily developed by the bureaucracy, rather than those involved in the economic activity. We know what we must do in this sector. The relevant principles for developing the housing and utilities system were formulated long ago. The sector's modernisation should not always be linked with higher tariffs. First of all, we must create a market, we must get rid of tiny pocket companies monopolising the market of utility services. This is the main and most important condition. Naturally, they are often unable to do this when the enterprise, and housing and community utilities systems themselves, are in a deplorable state. We must support them and help them to attain a level that will yield profits within this sector of the economy. It has great potential for profitable work".

Vladimir Putin
At a meeting with journalists, Primorye Territory, December 29, 2009
29 december
2009
Targeted Support for the Economy 197

"What does this mean for this region? It means the development of East Siberia and Yakutia. Many of you accompanied me to Vankor and saw that the project entails modern systems, new jobs, new technology, and new infrastructure. We have built not only the ESPO pipeline but also roads, electricity transmission lines and power generating companies along its route. The seven pumping stations are not simple iron boxes but mini-plants complete with the latest technology. We have created 3,000 well-paid jobs for skilled workers".

Vladimir Putin
At a meeting with journalists, Primorye Territory, December 29, 2009
29 december
2009
Targeted Support for the Economy 197

"As for the ESPO pipeline, it is a strategic project because it will allow us to diversify our export risks. It is difficult to make predictions in the ever changing global economy. Our exports will become more reliable, if we get an opportunity, or already have an opportunity, to shift some of our exports away from the European markets when the situation there is unfavourable or if economic cooperation is unnecessarily politicised".

Vladimir Putin
At a meeting with journalists, Primorye Territory, December 29, 2009
29 december
2009
Targeted Support for the Economy 197

"High-tech sectors. Aircraft manufacturing and shipbuilding are considered high-tech sectors of industry, but as you know we also intend to build a space centre here. It will be a challenging and expensive project, but it will be expedient in Russia with its vast territory. We will allocate modest funds for its initial development. The project is to be implemented not in the Primorye Territory but in the Amursk Region. These plans will be realised in stages".

Vladimir Putin
At a meeting with journalists, Primorye Territory, December 29, 2009
28 december
2009
Targeted Support for the Economy 197

"Naturally, the United Shipbuilding Company and its partners must facilitate stable and guaranteed demand for their equipment while launching these projects. Our task is to help them to formulate a sea-going civilian equipment production plan for the next few years and until 2020. On the whole, this $5 billion plan has already been drawn up".

Vladimir Putin
At a meeting on the development of the shipbuilding industry in Russia’s Far East and a socio-economic development strategy for the Far East and the Baikal Region, Primorye Territory, December 28, 2009
19 december
2009
Targeted Support for the Economy 197

"Enterprises in the housing and utilities sector must react promptly to these macroeconomic conditions because funding shortages will continue to increase, and the degradation of the utilities network will become unacceptable. Naturally, no one has the right to speculate and misuse these macroeconomic indices in this sensitive public sphere and to unjustifiably inflate the costs of these services. Unfortunately, this does happen sometimes. The federal government is trying to limit the rise in these costs, the utilities tariffs, and will continue to monitor this process".

Vladimir Putin
At a meeting with journalists, Primorye Territory, December 29, 2009
10 december
2009
Targeted Support for the Economy 197

"We should consider security. The programme [a Russian Railways investment programme for 2010] provides 450 million roubles for counterterror measures and 426.5 million roubles for fire prevention. Traffic safety will claim another 2.5 billion roubles. I think this proportion should be kept. At any rate, we must plan for such expenses today."

Vladimir Putin
At a meeting of the Government Presidium, Moscow, December 10, 2009
8 december
2009
Targeted Support for the Economy 197

“Quite recently we decided to contribute 4.4 billion roubles to the company's registered capital so that it could reach settlements with suppliers and solve other problems. The money has been received. Early next year, Uralvagonzavod will receive 10 billion roubles in the first quarter, also for its registered capital. This is direct aid to the company for its financial recovery and servicing its debt, which is being acquired so that the company can be modernised, even in these difficult conditions.”

Vladimir Putin
At a meeting at the Uralvagonzavod research and production company on supplying the Russian Armed Forces with modern armour and automotive equipment, Sverdlovsk Region, December 8, 2009
3 december
2009
Targeted Support for the Economy 197

"In this case, I am speaking as the company's ardent advocate. <…> We are trying to encourage innovation-based development. Engineering is the sector of the economy where innovations should be introduced. Our policy should not be to shut down all our companies and import everything from now on. Our policy should be to move our industry to a higher technologic level through evolution and not revolution. I am confident that we will be able to do that."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"We will make a considerably larger investment - I mean the state - 50 billion roubles, and Renault has undertaken to invest the necessary amount of 300 million euros in the form of technology, in the form of equipment, and in the form of its know-how, in order for AvtoVAZ products to reach global standards in the passenger car sector. Indeed, the new platform should be able to launch an absolutely new car under the Lada brand. A considerably larger number of cars will be released under this brand."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"And now let us move on social issues. Renault itself has good experience in reorganising its companies without mass layoffs. Small and mid-sized subsidiaries are set up around these companies that work with the head firm. People that are made redundant because of new technology go to work for these companies. Pouring in money for no particular reason and generating losses is pointless."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"I have also recently signed documents stipulating additional support for the Sukhoi Corporation itself. As you know, we capitalised the company some time ago, and have made yet another similar decision recently. I am confident that the national aircraft industry, primarily the civilian segment, has a good future despite all problems, and that the industry will be operating to capacity in the next few years."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"This decision has been made, and the Government's executive order on allocating an additional 17 billion roubles to the Amur Shipbuilding Plant in several instalments signed. The first 1.9 billion roubles will be allocated by late December 2009. Another 1.6 billion will be allocated next year. The enterprise will receive 3.2 billion roubles in 2011, 2012 and 2013, respectively, as well as another 3.4 billion roubles in 2014. We hope very much that the funding, as well as current efforts to place orders at the enterprise, will facilitate its recovery and stable performance."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued”, Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"As far as the aircraft industry is concerned, we have established the sizable United Aircraft Corporation (UAC). You probably know this. Unfortunately, the UAC has inherited all problems from previous years, including massive debt. We have just adopted a decision to provide additional support to the UAC. We will allocate several billion roubles for its authorised capital and will start restructuring its debt worth another 46 billion roubles in the next few years."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
17 november
2009
Targeted Support for the Economy 197

"Support must be provided primarily to well established and competitive companies as a part of anti-recessionary measures and other government support programmes. We should avoid keeping inefficient production facilities afloat at all costs. It is necessary to prevent companies in this industry from taking advantage of their position as a monopoly as early as possible. This applies mainly to production facilities that became infrastructure monopolies back in the Soviet times and then developing as integrated production facilities."

Vladimir Putin
At a meeting on developing the Russian gas and petrochemical industry, Tatarstan, November 17, 2009
25 october
2009
Targeted Support for the Economy 197

"Understand that businesspeople expect me to tell them what we are going to do in the immediate future, and I will do so. But at this point I am speaking about our development strategy. We have always behaved honestly with regard to our partners. I would like to say for everyone to hear: we will not change our strategy. Any other approach would run counter to the logic of our strategic course for rebuilding our economy and - this is also very important - would undermine Russia's reputation as a reliable partner."

Vladimir Putin
At a working visit in the Third Russian-Finnish Forestry Summit, St.Petersburg, October 25, 2009
Show: 10 / 20 / 50 on each page
1/ 4