Diplomat blasts US media reports on Russia's alleged arms supplies to TalibanRussian Politics & Diplomacy July 25, 21:39
Putin, Iraqi vice-president discuss possible supplies of T-90 tanksMilitary & Defense July 25, 21:18
Sports minister hopes for Russia’s membership reinstatement with IAAF before 2018Sport July 25, 20:47
The highlights of 2017 FINA World ChampionshipsSport July 25, 19:37
IAAF to hear report on Russia’s reinstatement ahead of 2017 Athletics World ChampionshipSport July 25, 19:25
EU Council to discuss Nord Stream 2 project in SeptemberBusiness & Economy July 25, 19:13
Berlin preparing common European response to Siemens turbines supplies to Crimea — sourceBusiness & Economy July 25, 18:49
Finnish president: Dialog with Putin is direct and clearWorld July 25, 18:22
Summer surprises: Arctic swelters in heatwave, while resorts soak in rainBusiness & Economy July 25, 18:03
CHERKESSK, February 8 (Itar-Tass) – Russian Prime Minister Dmitry Medvedev said on Friday it was necessary to create favorable conditions for investors in the North Caucasian Federal District.
“You and I understand that government investments will not be enough to revive the economy of the district or territory’,” Medvedev told a meeting of the governmental commission for the socio-economic development of the North Caucasian Federal District on Friday.
“You should create favorable conditions for investors; it’s important for them to know about the development of Northern Caucasus, about new business opportunities and unique natural and geographical peculiarities of the region,” Medvedev said.
Besides, Medvedev added that investors should be informed about support which they could get both from the federal and regional authorities.
“The region is developing in several directions. A tourist cluster is being formed. The creation of the North Caucasian Federal University and other initiatives are very important for the district,” Medvedev emphasized.
Medvedev also called on regional authorities to exercise control over grain and bread prices. I The prime minister expressed the hope that this year would be more successful (than the previous one) for the North Caucasian Federal District, the republics that are part of it and the whole country.
The premier warned against giving a free hand to speculators and creating problems to retail chains.