Russia: Putin urges regional support for small and medium businesses

Russian President Vladimir Putin spoke about the importance of creating a favourable environment for small and middle sized businesses in Russia, during a State Council meeting in Moscow, Tuesday. During the meeting, Council members are to discuss development opportunities for small and middle sized businesses in Russia. The Council is also expected to consider the improving the efficiency of state support for small businesses, as well as tax and legal regulations. Among those present were the Minister of Economic Development Sergei Ulyukaev, the Head of the Presidential Administration Sergei Ivanov and Governor of the Bank of Russia Elvira Nabiullina.