Russia must not permit foreign firms’ dumping says Putin

Russia's Prime Minister Vladimir Putin Photo : REUTERS/Alexei Nikolsky/RIA Novosti/Pool

 

RUSSIA, May 30, 2011 (KATAKAMI.COM / RIA NOVOSTI) — The Russian government must prevent foreign companies’ attempts to carry out dumping on the local industrial market, Russian Prime Minister Vladimir Putin said on Monday.

“We must not permit someone, a foreign producer to carry out dumping on our domestic market. Healthy competition is not just possible, it is necessary but dumping is unacceptable,” Putin told a government meeting on road construction and operation.

He has also promised support for local makers of construction machinery.

“We’ll render support to our machine-building companies, including when creating joint ventures and cooperating with leading foreign partners,” Putin said.  (*)

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