18 Sep 2009 13:45

Russia will not return to forex regulation - Putin

SOCHI. Sept 18 (Interfax) - Russia will not return to forex regulation and will remain a liberal market economy, said Russian Prime Minister Vladimir Putin at the International Investment Forum in Sochi on Friday.

"There will be no return to previous regulation [of forex]. Russia will remain a liberal market economy," Putin said.

"All investors who enter the Russian Federation and the Russian market should understand clearly and concisely that today and in the future that we will maintain a liberal system for everything, which, in my view, is one of the fundamentals for wide-scale investment in the Russian economy," he said.