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Russian tycoon Deripaska does not plan to be in politics — official spokesperson

The spokesperson commented on reports of Oleg Deripaska planning to join the Supreme Council of the Pravoye Delo party

Russian businessman Oleg Deripaska Mikhail Metzel/TASS

Russian businessman Oleg Deripaska

© Mikhail Metzel/TASS

MOSCOW, March 22. /TASS/. Russian businessman Oleg Deripaska has no plans to be in politics and join political parties, Deripaska’s official spokesperson told TASS on Tuesday, commenting on news that Deripaska will join the Supreme Council of the Pravoye Delo (Just Cause) Party.

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"The key priority of Oleg Deripaska, one of the most influential businessmen in Russia, is to develop competitive Russian business, launch new modern facilities in key industries for the country, create new jobs and assist the socioeconomic growth of territories where its businesses are present. Oleg Deripaska has no plans to be in politics and join any political party at present," the representative said.

The Pravoye Delo party planning to defend interests of entrepreneurs in the State Duma is currently headed by Russia’s business ombudsman Boris Titov. The ombudsman expects the party will overcome the 5% barrier during elections to the State Duma. The first congress of the party will take place on March 26.

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Russia's domestic policy

Military operation in Ukraine

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FACTBOX: Collective Security Treaty Organization

The Collective Security Treaty came into force on April 20, 1994 to herald the emergence what would eventually become the Collective Security Treaty Organization. The six member-countries are Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan

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North Korea conducts new anti-aircraft missile test — KCNA

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Hungarians in western Ukraine should get their rights back, Budapest says

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Russian stock indices rising on Friday

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Russian military base may appear in CAR’s eastern region — President Touadera

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