In brief: Putin's key remarks at the Russian Trade Congress

The president stressed that the Russian Trade Congress reflects a responsible civic stance and a willingness to help improve the quality of life of Russian citizens in difficult conditions.

Moscow, October 15. /TASS/. Speaking at the Congress of Delovaya Rossiya (Russian Business), the all-Russian public organization, President Vladimir Putin stated that the country is now faced with the task of launching a new investment cycle.

He also noted that in these challenging times, Russian business is showing a responsible civic stance.

TASS has compiled the key statements of the head of state.

Russia is tasked with launching a new investment cycle and increasing investment in innovative companies, as well as in industrial, logistics, creative, tourism and other projects aimed at expanding the capacity of the domestic market and responding to growing global demand.

Business plays the main role in this effort, which is carried out due to the interest in promising projects and the creation of quality and modern jobs in cities and towns.

The government will certainly continue to support business activity and investment, and will work alongside the business community to address "the most important and pressing issues".

"In these difficult times, Russian business demonstrates a responsible civic stance and a desire to contribute to the quality of life of Russian citizens. In this sense, the domestic entrepreneurial class has become an active and engaged part of Russian civil society."

Russia's entrepreneurial class has proven that its plans and interests are firmly linked to the country: "Our entrepreneurs prove through their daily hard work that their knowledge, skills, interests and plans are firmly tied to Russia and to the growing well-being of our citizens. It is very important that we work together to realize the formula that is self-evident and proven by history: "A strong and independent country is a guarantee of a strong and competitive business."

The Russian stock market is stable and has a reliable performance. However, now the goals to strengthen it are more ambitious: “One of our tasks is to stimulate and strengthen the stock market. Unfortunately, we have not yet fully achieved the goals we have set for ourselves here, although it is growing stronger. In any case, it is stable and performs reliably. But, of course, we are setting more ambitious goals."

Pension funds and other assets channeled into the stock market must be fully protected: “They [citizens' funds] must be securely protected. "And when it comes to pension funds, it's even more important - everything there has to be guaranteed with absolute certainty."

The work of Delovaya Rossiya and the business community

It was 15 years ago at the Congress of Delovaya Rossiya that the National Entrepreneurship Initiative was launched: "Encouraged by the business community, we started a systematic effort to reduce the administrative burden on business, eliminate excessive regulations, simplify reporting and obtaining various permits, and introduced a system in which special laws and regulations evaluate entrepreneurs."

Today, Delovaya Rossiya plays an important role in shaping a national model for optimal business conditions and creating a favorable and competitive business environment. This organization, in cooperation with regional heads, coordinates the launch and implementation of an investment standard throughout Russia's regions.