23:42 GMT +323 February 2018
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    London ready to help Moscow become world financial center

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    London is ready to help Moscow create its international financial center, the Lord Mayor of the City of London said on Tuesday ahead of his visit to Russia

    London is ready to help Moscow create its international financial center, the Lord Mayor of the City of London said on Tuesday ahead of his visit to Russia.

    During the visit from June 29-July 2, Alderman Nick Anstee will travel to Moscow and St. Petersburg to discuss prospects for joint business developments.

    Anstee will meet with the Russian authorities to discuss the juridical climate for foreign businesses in Russia.

    He said foreign companies, intending to develop business in Russia, pay close attention to legal certainty, legal standards and continuity in decision-making.

    The idea of making Moscow a global financial hub was first put forward by Russian President Dmitry Medvedev in 2008 at the St. Petersburg Economic Forum. The move is aimed at strengthening the ruble's position as a reserve currency.

    MOSCOW, June 29 (RIA Novosti)

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