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    Russia to see $60-70 bln in FDI - Putin

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    The level of foreign direct investment in Russia should increase to $60-70 billion "in the foreseeable future," Prime Minister Vladimir Putin said on Wednesday in an annual report on his government's performance to parliament.

    The level of foreign direct investment in Russia should increase to $60-70 billion "in the foreseeable future," Prime Minister Vladimir Putin said on Wednesday in an annual report on his government's performance to parliament.

    "We are setting the goal of achieving a level of $60-70 billion worth of foreign direct investment a year and then will increase that level further," he said.

    Putin did not specify the time frame when this level should be achieved. FDI in 2010 was $13.8 billion.

    MOSCOW, April 20 (RIA Novosti)

     

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