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Russia will continue its free market policies despite the ongoing global
Russia will continue its free market policies despite the ongoing global financial crisis, Prime Minister Vladimir Putin said on Thursday.

"We will try to make our economy and our country open and we have achieved a lot lately," Putin told a meeting of the International Business Council at the World Economic Forum in Davos, Switzerland.

Putin said Russia had no intention of restricting capital flows despite a large rise in capital outflow that saw $130 billion leave the country last year.

"We have deliberately made this move, bearing in mind that these actions by the Russian authorities should give a clear signal that we will be seeking to honor all our obligations," the premier said.

Putin said Russia wanted to be perceived in the West as "an equal partner without any exemptions or exclusions."

At the same time, the prime minister said that the West should also think of its image. "The world has changed in the sense that it is necessary to be self-critical and listen more to what is happening on our planet as a whole."

Putin also urged Russia's foreign business partners to leave behind the colonial mindset in their relations with Moscow.

"It is necessary to work in a civilized and honest manner and get rid of colonial ideology," he said.


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