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President Vladimir Putin held a meeting with Russian and international business leaders

October 30, 2003, The Kremlin, Moscow

Matters discussed concerned ways of making the Russian economy more attractive to investment.

Among them were development of the stock market and a relationship between major Russian companies and infrastructure monopolies, on the one hand, and minority shareholders, on the other. President Putin said these questions were equally important for investors and for Russia’s economy in general.

The President pointed to positive trends on the Russian economic scene, highlighted by Russia’s investment rating. He said such trends would grow stronger. An improved legal framework had contributed a great deal to investment activity in the country.

A total of 16 representatives of Russian and international companies took part in the meeting, including Troika Dialog, Alfa Capital, Renaissance Capital, Fidelity Investments, Brunswick UBS, ING Asset Management, Alfred Berg Asset Management (ABN), UBS Global Asset Management, Morgan Stanley & Co, the United Financial Group, Deutsche Bank, Citigroup, and Goldman Sachs International.

October 30, 2003, The Kremlin, Moscow