Politics
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A project group under the presidential council...
said that senior experts from the countries that already have financial centers will join an international council to maintain the project.Morgan Stanley Bank President Yelena Titova said that Russia has some advantages over other financial centers, such as a large economy, educated personnel, a liberal tax regime and an advantageous geographic position between Europe and Asia.
She said the establishment of the financial center was beneficial both for Russian industry and banks.
“Russia is a large economy and should have a large liquid stock market corresponding with international standards so that our companies could attract funds,” Titova said.
MOSCOW, April 20 (RIA Novosti)
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al commented:
it is interesting news
28.12.2011