Putin stresses importance of competition in Russia

Putin stresses importance of competition in Russia

Russia's President Vladimir Putin called on all levels of the government to take measures to increase competition.

"You know how formidable the challenges are our country is facing now. Their solutions require involvement of everyone - civil society, business and the government, and, of course, the efforts of all the regions of Russia," Putin said.

He noted that the topic of the meeting is the development of competition in the country - "this is one of the key areas of our work." "Without solving problems in this area, we will not achieve anything," the president stressed.

Putin stressed that "the fundamental importance of competition is stipulated by the Russian Constitution. According to him, "this is one of the main lines for achieving the goals that were mentioned in the address."

The president underscored that "fair competition" is a basic condition for economic and technological development and a guarantee of the country's renewal and a dynamic advancement in all areas of life."

Russia's leader also noted importance of the business community’s contribution into economic development. "Fair work is needed; one should not be a time server," TASS cited Putin as saying.

"There is a need to look for and find the balance, provide exactly fair and equal competition," Putin noted. "I am confident that work will be enough for everybody under skillful management approaches. It is critically important for breakthrough development of the nation to support economic liberties and the high level of competition," he added.

"This is highly dependent on all government tiers of the state but the business is also playing a definitely major role in development of the business climate, the business culture, and the fair competition practice," Putin stressed.

He said that it is clear that profit is the top priority for the business but it should not be achieved by all manner of means.


Vestnik Kavkaza

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