The actions by special services must not hinder the development of the national economy

Monday, January 18, 2021

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The actions by special services must not hinder the development of the national economy, believes Prime Minister Mikhail Fradkov. "The actions of special services must not create obstacles and barriers to economic progress and the development of conditions for the competition of private businesses," the premier said Friday at the enlarged session of the Federal Security Service (FSB) board. "The government needs the FSB to provide the cabinet and executive authorities with prompt information necessary for creating top-quality normative and legal base and making decisions on the development of equal conditions of competition, availability of services to business, and investment attractiveness," Mr. Fradkov said. He called on all Russian departments, including the FSB, to step up the struggle against corruption. "There will be no economic effect unless we combat corruption," the premier said. In conditions of globalization, the Russian security services should maintain a fine balance between economic security and economic cooperation. "We are emerging on open markets in conditions of globalization, and should ensure a balance of economic security with global cooperation," Mr. Fradkov said. The premier called on the security services to combat the leakage of secret information that can be used in competition on the world markets. "The ability to protect confidential information and to use it positively is one of the main tasks of the FSB," he believes. The Russian government increased allocations to the FSB by 25% compared to 2004. "In 2004, budgetary spending on the security services were increased considerably and they grew by another 25% in 2005," Mikhail Fradkov said.

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