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Prime Minister Medvedev says Russia will not be building closed economy

April 17, 2013, 15:08 UTC+3
MP Mikhail Yemelyanov leveled sharp criticism at the cabinet’s economic policies and asked Medvedev if it was not time to replace the ministers responsible for that sphere
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MOSCOW, April 17 (Itar-Tass) – Russia will not choose the path of building a closed economy because it stands in need of an open economy, Prime Minister Dmitry Medvedev said Wednesday as he addressed the State Duma, the lower house of parliament with a regular report on the government’s performance.

MP Mikhail Yemelyanov leveled sharp criticism at the cabinet’s economic policies and asked Medvedev if it was not time to replace the ministers responsible for that sphere.

“This depends on what type of the economy we’d like to build,” Medvedev said in response to the criticism.

“If it’s a closed economy, then it’s probably really high time to replace these ministers and to change the entire course of the country’s development, but still we’re trying to build an open economy,” he said.

 

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