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Business gets hope to return to normal routine after Putin’s speech at SPIEF - Kudrin

May 23, 2014, 23:04 UTC+3 ST PETERSBURG
Kudrin said he shared Putin's words about the necessity to break Russia's dependance on the oil and gas sector
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ST PETERSBURG, May 23 /ITAR-TASS/. Russian President Vladimir Putin’s speech at the St. Petersburg International Economic Forum on Friday has offered hope for business to return to its normal routine, former Russian Finance Minister Alexei Kudrin told reporters.

“Putin’s speech has lowered risks and offered hope for Russian and foreign businesses to return to their normal routine,” he said.

Kudrin said he shared Putin's words about the necessity to break Russia's dependance on the oil and gas sector and to ensure additional growth through industry modernisation.

However, Kudrin noted that a theme of structural reforms had not beent highlighted in Putin's speech.

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