Medvedev in Davos: Russia needs foreign investment

Davos 2019 – Keeping Russia Competitive

Russian Prime Minister spoke at the World Economic Forum in Davos

Russia has set itself the task of increasing foreign investment in the country’s economy, Russian Prime Minister Dmitry Medvedev said Wednesday during a speech at the World Economic Forum in Davos. He noted that Russia has a strong economy, which is open to those wishing to become partners and investors..

“To reach the desired economic growth rates, and we define them as 5% per year, investments must grow for several years in a row by at least 10% annually,” Medvedev said..

This year, the forum, which takes place in the picturesque Swiss ski resort of Davos, brought together some 40 world leaders and more than 2,000 other decision makers. This time the annual event dedicated to the discussion of various aspects of the global economy is held under the slogan “Sustainable Dynamism”.

Medvedev tried to present himself as a reformer in a state that is rapidly and confidently moving forward. He assured the forum participants that Russia, contrary to popular belief, is an open country..

The prime minister also stressed that the unemployment rate in Russia, which is just over 5%, is one of the lowest among developed countries. In addition, the country has an extremely low level of external debt.

At the same time, Medvedev acknowledged that Russia needs to do more to attract foreign direct investment.

“In the future, our policy should lead to a significant expansion of food exports, and we are the largest potential agrarian power in the world, and intellectual services.Medvedev in Davos: Russia needs foreign investment I am sure that in the future they will be no less in demand than oil is in demand today, ”the Russian prime minister said..

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