Russia to expedite, accelerate across-the-board industrial development, Putin pledges

Business & Economy April 04, 17:48

"The share of home-produced goods must grow within our domestic market: equipment, machine tools, motor vehicles, drugs and consumer goods," the Russian president stressed

MOSCOW, April 4. /TASS/. Russia will be able to produce a much wider range of various goods and products thanks to an expedited, accelerated pace of industrial development, President Vladimir Putin said in speaking before the 12th congress of the Russian Federation of Independent Trade Unions.

"The next six years must be a time for the intensified industrial development of Russia," the head of state declared.

"The share of home-produced goods must grow within our domestic market: equipment, machine tools, motor vehicles, drugs and consumer goods," Putin stressed. "We can and we will produce all of that in much higher volumes than now," the president stressed.

"This means structural changes in the economy, this means support for economic growth rates, GDP growth rates and decent salaries," he added.

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