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18 Mar, 12:15

Russian beneficiaries to have control in joint ventures — Manturov

"The very principles of bringing foreign investments in and localization must change," the Russian first deputy prime minister stressed

MOSCOW, March 18. /TASS/. The principle of attracting foreign investments and localization should change, First Deputy Prime Minister of Russia Denis Manturov said at the congress of the Russian Unioin of Industrialists and Entrepreneurs

"The very principles of bringing foreign investments in and localization must change. Russian beneficiaries must have control in joint ventures. The same pertains to rights to technologies," Manturov said.

The Russian business should hold such position in potential talks, the official added.