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Economic amnesty expected to restore entrepreneurs' confidence

Media reported earlier on Wednesday that a draft resolution on amnesty was likely to be submitted to the parliament's lower house next week

MOSCOW, May 8 (Itar-Tass) - The economic amnesty is expected to restore entrepreneurs' confidence and attract young people to launch a business, vice-president of the organization to support small and medium businesses "Support of Russia" Azat Gazizov said in an interview to Itar-Tass on Wednesday.

Media reported earlier on Wednesday that a draft resolution on amnesty was likely to be submitted to the parliament's lower house next week. The initiative was presented by Russian presidential commissioner for protection of entrepreneurs' rights Boris Titov. Members of the commissioner's council of experts believe that almost 111,000 people could be released.

United Russia, the LDPR and Just Russia have already supported the initiative.

"I believe that in order to restore the level of confidence of entrepreneurs, an economic amnesty is a timely and necessary measure," Gazizov noted.

A very tense situation is formed for the present for people not to be attracted to entrepreneurship -- only two percent of young people are ready to launch an own business, he added.

According to Gazizov, the unwillingness to open an own business is connected also with the insufficient confidence in the state.

The vice president of the organization noted that often criminal cases were opened with the aim to put pressure on entrepreneurs and for raid seizures.

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