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Business Council at Russia’s Foreign Ministry discusses contribution to global development

MOSCOW, April 01. /ITAR-TASS/. Contribution to global development is on the agenda of Tuesday’s session of the Russian Foreign Ministry Business Council chaired by Minister Sergei Lavrov.

The Foreign Ministry has worked out a concept on Russia’s state policy to provide aid to less developed countries, primarily to the CIS neighbors, Foreign Minister Sergei Lavrov said.

“It seems to us that aid should be targeted to allow a recipient to know who is a donor. Recently Russia has provided aid through different multilateral structures such as the G8 international programs, the International Monetary Fund and the European Bank for Reconstruction and Development,” he said.

The session is attended by head of the Russian Federal Agency for the CIS Affairs, Relations with Compatriots and International Humanitarian Cooperation Konstantin Kosachev, Russian Railways president Vladimir Yakunin and RUSAL representatives.

Leaders of Russia’s entrepreneurial structures (the Russian Union of Industrialists and Entrepreneurs, the Russian Chamber of Commerce and Industry, “Delovaya Rossiya” public organization, OPORA Rossii and the Association of Russian Banks) are invited to take part in the meeting.