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Russia to support development of e-commerce — Putin

The president says Russia will develop the sector without sacrificing the interests of the country

VLADIVOSTOK, September 2. /TASS/. Russia will support the development of e-commerce without sacrificing the interests of the state, President Vladimir Putin said on Friday.

"We will develop e-commerce," Putin said. "At the same time, we must be very careful - modern methods of commerce should not cause fiscal damage to the interests of the state," he added.

"I agree that e-commerce reduces bureaucracy in many ways, lowers costs and helps reducing prices for the final consumer, of course, the state is interested in this," the president said. "We will work on it," he added.