Rustam Minnikhanov takes part in plenary session of XIX St. Petersburg international economic forum

On June 19, Interim President of the Republic of Tatarstan Rustam Minnikhanov took part in a plenary session of XIX St. Petersburg international economic forum. The session’s motto was Time to Act: Joint Efforts for Stability and Growth.

Russian President Vladimir Putin made a report at the session.

“Russia will be creating free, predictable and transparent conditions for investors, without increasing tax burden. I want to start with increasing the quality of business environment and competitiveness of Russian jurisdiction. Our position consists in providing free, predictable and favourable conditions for investors, in order to make investments in Russia more value-enhancing,” Putin said. He reminded that the authorities made decision to impose moratorium on tax increase for the next four years.

Putin announced another important idea: “The proposal to establish the system of transfer of foreign technologies was made at the recent meeting of Business Russia, one of the main business associations. We have obtained successful experience in transferring technologies in pharmaceutics, automotive industry, and production of consumer goods to Russia. This work should be done on systemic basis using capital of institutes for development.”

Read more about the report of Vladimir Putin here http://www.kremlin.ru/events/president/news/49733