Lavrov says Russia-Belarus relations developing in working modeRussian Politics & Diplomacy February 21, 21:48
Condolence book in memory of Churkin opened at Russia’s Permanent Mission to UNWorld February 21, 20:53
Ukrainian billionaire Dmitry Firtash detained in Vienna at Spain’s requestWorld February 21, 20:40
UN secretary-general offers Lavrov condolences on Churkin’s deathWorld February 21, 19:53
OPEC does not see problems regarding growth of Russian oil exportBusiness & Economy February 21, 19:46
Kremlin to bake 100,000 pancakes for MaslenitsaSociety & Culture February 21, 19:23
Production of Mercedes Benz cars to start in Russia in 2019Business & Economy February 21, 18:43
UN Security Council holds a minute of silence in memory of Russia’s deceased envoyWorld February 21, 18:30
Russia and US might launch joint operations against terrorists in Raqqa — ministerWorld February 21, 18:17
MOSCOW, November 5. /TASS /. The Kremlin considers privatization of undervalued assets to be inappropriate and ineffective, Russian president's press secretary Dmitry Peskov said.
"It [privatization] should be an effective process. Certainly, privatization of assets that are now extremely undervalued, is hardly possible, and will unlikely be useful. First of all, it is a question of efficiency of privatization," he said.
Peskov added that there have been no changes in the concept of privatization.
"As before, the privatization cannot be the goal in itself", he said.
On Thursday, head of Russia’s Federal Property Management Agency Olga Dergunova said that hear agency is ready to speed up the privatization of Rosneft, Aeroflot, Alrosa and RusHydro, if there is a relevant ruling from the President.
"At the meeting, which was held by Shuvalov [Igor Shuvalov First Deputy Prime Minister -TASS] it was recommended that we should provide an opportunity for speeding up sale of major assets regardless of prices on international markets. Earlier we presumed that we should not sell state assets for any price. The situation on the international markets is not improving, and, if the President supports such a decision, we can come up with the list of assets which are ready for privatization. These are public companies Rosneft, RusHydro, Alrosa and Aeroflot. In fact, all the assets that are listed on the stock exchange," Dergunova said.
According to her, the first deputy prime minister recommended to prepare proposals to the head of the state in order to initiate a discussion. She said that the Ministry of Economic Development, will prepare a report to the president in November.
Later on Thursday, an official at the secretariat of Shuvalov said that they never heard of any instructions and recommendations to speed up the sales of major assets, regardless of market conditions.