Russia open for trade and investment projects : Putin

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27.03.2013, 16:50

Russia and its economy are open for new trade and investment projects, President Vladimir Putin said during a working lunch of BRICS leaders with representatives of business circles on Wednesday, RIA Novoti reported.

Russia open for trade and investment projects : Putin

YEREVAN, March 27. /ARKA/. Russia and its economy are open for new trade and investment projects, President Vladimir Putin said during a working lunch of BRICS leaders with representatives of business circles on Wednesday, RIA Novoti reported.

President underlined Russia is confirming a trade surplus at 195 billion dollars from 2012, unemployment rate is gradually dropping which has reached record low of 5.5%.

He added Russia secured a predictable ruble exchange rate and consumer price dynamics.

“Russia is conducting a responsible and well-calculated budget policy. The foreign debt is one of the lowest in the world,” Putin said.

He also informed Russia has developed a package of measures to improve the investment climate.

Putin noted Russia is ready to enhance cooperation in space sphere, high technologies and sciences.

In 2012, Russia's trade with BRICS reached a record high 105 billion dollars. The Russian president expressed confidence that trade potential had not been fully tapped. -0-

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