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    IN HOPE FOR TAX PRIVILEGES, RUSSIAN BUSINESS READY TO CARRY OUT SOCIAL PROJECTS

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    MOSCOW, APRIL 1. /RIA NOVOSTI / -- Russian business is ready to carry out social projects but hopes for tax privileges, Arkadi Volski, head of the Russian Industrialists' and Entrepreneurs' Union, has said.

    "Big business can now be actively involved in the tackling of social problems", he believes.

    In a interview to the Russian Gazette (the Friday April 2 issue), Volski said that the state encourages charity work world over. ""If things were like that in Russia, we could have increased such help two or even three times", Volski said, adding that he would not like to cite concrete figures. "Everything has to be nicely calculated here", he said.

    "We expect from the government to put the social and charity projects of business in reasonable relations with the tax system", Volski said.

    He discussed social protection of the population and the development of the industrial policy at the meeting with Prime Minister Mikhail Fradkov on Wednesday.

    "More than a half of our meeting dealt with such matters", Volski said. "I told the premier that the Union understands 'the social responsibility of business' as new jobs, higher wages and the combating of poverty", he said.

    Problems of the Russian industry were also in discussion, Volski said.

    The head of the Russian Industrialists' and Entrepreneurs' Union was very glad with the meeting.

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