16 October 2016, 08:00 GMT
GOA (Sputnik) — Indian investors show lively interest in participating in privatization in Russia, though the sides have not reached any specific agreements yet, the head of the Russian Direct Investment Fund (RDIF) said Sunday.
"The privatization issue is currently interesting for all our partners including the Indian ones. We cannot now speak about some specific arrangements, because it is important to understand the conditions over every asset, but we see a rather strong interest… we continue working on this," Kirill Dmitriev told RIA Novosti.
Russia's 2016 economic development plan specifies partial privatization of state assets to support budget revenue, which has suffered due to falling oil prices. The country's Rosneft and Bashneft oil and gas companies, the ALROSA group of diamond mining companies, the VTB bank, as well as the Sovcomflot maritime petroleum and liquefied gas shipping company, are among the companies to be partially privatized.
