IMF Executive Board decides on $1.8 billion conditional loan for GreeceBusiness & Economy July 21, 3:34
ExxonMobil launches legal challenge to finding it violated US sanctions against RussiaBusiness & Economy July 21, 1:36
Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
Russia’s Syria campaign spending within current combat training costs — Defense MinistryMilitary & Defense July 20, 17:59
MOSCOW, December 23. /TASS/. Russian President Vladimir Putin believes that Russia should create its own national rating agency, he said at the annual news conference on Friday.
"We absolutely need to create our own national rating agency, to develop consulting," Putin said.
"These structures need to be completely transparent and have recognition of the business community. Otherwise, their work would be meaningless - if we eliminate all our partners from the market and do not create our counterparts respected and recognized in the business community - the business itself will suffer," Putin added.
The president noted that in this case information from domestic companies will not be taken into account by potential investors, which might limit the inflow of investments in Russia. "However, it is necessary to move in this direction, to raise sovereignty," Putin concluded.
President Putin urged not to abandon international rating systems, as it might adversely affect inflow of foreign investments.