President of Russia set task to increase small businesses efficiency
Last year, 1 million 200 thousand small and medium-sized businesses were registered in Russia, and young entrepreneurs grew to 240 thousand. “The efficiency of such business must increase,” the country’s President said during the announcement of his Address to the Federal Assembly.
According to him, a business should operate in Russian jurisdiction and not take money abroad, where “you can lose everything.”
“The strongest asset protection is our strong sovereign country. Businesses must have guarantees of ownership and investments here. We must ensure this,” he said.
The President noted that “no one is allowed to oppress people” and that “people, including entrepreneurs, need help. This is the calling of power,” said Vladimir Putin.
Author: Azat Gizzatullin
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