Russia Advocates Fair Competition By Inviting Foreign Investors To Far East - Putin

Russia advocates fair competition and mutual benefit by inviting foreign investors to cooperate in the country's Far East, Russian President Vladimir Putin said on Wednesday.

VLADIVOSTOK (UrduPoint News / Sputnik - 12th September, 2018) Russia advocates fair competition and mutual benefit by inviting foreign investors to cooperate in the country's Far East, Russian President Vladimir Putin said on Wednesday.

"When inviting foreign partners to participate in joint projects in the Far East, we act on the basis of pragmatism, rational sense, and mutual benefit.

We want to ensure fair competition of investors for the opportunity to implement their projects in Russia's Far East so that the best business proposals, which will bring high profits, win," Putin told the plenary session of the Eastern Economic Forum (EEF) in Vladivostok.

The Russian president noted that protectionism was on rise around the world, posing a challenge for the global trade, including for the Asia-Pacific countries.