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Speaking at a congress of the Russian Union of Industrialists and Entrepreneurs, President Vladimir Putin said that strengthening the institution of property, carrying out tax and administrative reform, developing the financial and banking sectors and reorganising the country’s infrastructure monopolies are all effective ways of developing the Russian economy

November 14, 2003

The state and the business community are already working together in many of these areas by cooperating on improving legislation.

This cooperation should bring the country tangible and visible results, above all in the form of an increase in the pace of economic growth, real development of a civilised market in Russia and an economically justified, effective and socially oriented tax policy.

November 14, 2003