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  • Dmitry Medvedev On Investement And Security In Russia

    The Russian President talks with Bloomberg Television about the case of Mikhail Khodorkovsky, terrorism, and more.

    The Russian President talks with Bloomberg Television about the case of Mikhail Khodorkovsky, terrorism, and more.

    This is the full transcript of an interview that Ryan Chilcote of Bloomberg Television had with Russian President Dmitry Medvedev in Davos, Switzerland, on Jan. 26.

    RYAN CHILCOTE: President Medvedev, thank you very much for joining us. You want to turn Russia into a modern country. You’ve got McDonald’s (MCD). You’ve got shopping malls. You’ve got sushi. What’s missing?

    DMITRY MEDVEDEV: What’s missing? More common things like infrastructure, business infrastructure, and legislation to properly regulate that business activity are missing. The official establishment, the bureaucracy, lack proper legal consciousness. And a well-developed judicial system is missing. Once we have all that, and provided there is no corruption, it would mean that Russia is ready to steam ahead along its modernization track.

    CHILCOTE: Let’s return to some of the subjects you just brought up a little bit later, but I wanted to ask you about some of the projects you have associated with modernization, like for example the Silicon Valley that you want to build at Skolkovo. I’ve been there. It’s just beginning. When is it going to be a place that I can go to and really feel like I am in—get the sense where—when it will look and feel like a place where people are actually making innovative products?

    Read More:

    http://www.businessweek.com/globalbiz/content/jan2011/gb20110128_673139.htm

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