Russian President Vladimir Putin believes that the international society needs active measures to cope with the world financial recession. He emphasized at the Saint-Petersburg International Economic Forum that many essential and obvious steps are postponed over political reasons and disagreements in parties and groups, RIA Novosti reports.
Russia plans to continue supporting European states. Most reserves are kept in the euro. No unilateral steps aggravating the situation have been made.
Putin says that Russia wants joint actions to improve the situation. It urges reforms of the IMF and other international financial institutions. New world trade rules and energy security standards are needed. Russia is ready to search for solutions as the G20 chair in 2013.
The Russian president called for G20 to take leadership in world development and stop the egoistic approach. Global challenges have global responsibility. This concerns the states emulating reserve currencies as well.
Putin pointed out some of the main goals to improve interior political stability in Russia. Some of them are strengthening competitive potential and sustainability of the country’s development. Russia did not limit capital outflow in 2009. Russian investment flow must increase to 27% of the GDP before 2018. The figure is currently at 20%.
Concluding the speech, the Russian president appointed head of Delovaya Rossiya, Boris Titov, as the Business Ombudsman. Titov will work with both national and foreign businessmen. The ombudsman will protect the rights of businessmen in court, request halting of certain legal acts. Putin urged the Russian parliament to consider the issue in the near future.
