Austrian Business Invited to Take Part in Russian Assets' Privatization

© Sputnik / Mikhail Voskresenskiy / Go to the mediabankEconomic Development Minister Alexei Ulyukayev meets with Vice Chancellor of Austria Reinhold Mitterlehner
Economic Development Minister Alexei Ulyukayev meets with Vice Chancellor of Austria Reinhold Mitterlehner - Sputnik International
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Russian Economic Development Minister Alexei Ulyukayev said that Moscow will invite Austrian business to participate in privatization activities.

View of the Moscow Kremlin towers, Alexander Garden and the Cathedral of Christ the Savior. - Sputnik International
Russia
Russian Draft Anti-Crisis Plan Includes 'Major Privatization' Projects
MOSCOW (Sputnik) — Austrian companies are welcome to take part in the privatization of some of Russia's state-owned property, Russian Economic Development Minister Alexei Ulyukayev said Wednesday.

Earlier in the day, Ulyukayev held a meeting with Austrian Vice-Chancellor Reinhold Mitterlehner, who also serves as the federal minister of science, research and economy. The politicians discussed economic cooperation between Moscow and Vienna.

"We have addressed this issue [of privatization]. I spoke about the existing possibilities within this framework as well as that we will promote privatization activities, propose interesting assets and will invite Austrian business to participate in these projects," Ulyukayev told reporters after the meeting.

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Russia
Putin: Owners of Newly Privatized Assets Must Be Under Russian Jurisdiction
Last week, Russia's Deputy Minister of Economic Development Oleg Fomichev stated that the country's government had drafted an anti-crisis plan that includes "major privatization."

On Monday, Russian President Vladimir Putin stated that the new owners of the Russian assets set to be privatized must be under Russian jurisdiction, and that transferring the assets offshore would not be permitted.

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