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Medvedev speaks out against protectionism

© RIA Novosti . Dmitriy Astahov / Go to the mediabank"Here, in Singapore we must reiterate these commitments and do anything to avoid protectionism in any spheres"
Here, in Singapore we must reiterate these commitments and do anything to avoid protectionism in any spheres - Sputnik International
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Russian President Dmitry Medvedev spoke out on Saturday against protectionism in any spheres, adding that Russia's measures to support its businessmen are short-term.

SINGAPORE, November 14 (RIA Novosti) - Russian President Dmitry Medvedev spoke out on Saturday against protectionism in any spheres, adding that Russia's measures to support its businessmen are short-term.

"Here, in Singapore we must reiterate these commitments and do anything to avoid protectionism in any spheres," Medvedev told a business summit of the Asia Pacific Economic Cooperation (APEC) forum.

He added that Russia would soon intensify efforts to become a global financial center.

"Such efforts will be intensified soon," Medvedev said.

The head of Russia's national development bank Vnesheconombank, Vladimir Dmitriyev, said the global financial center could be created in Russia "in a five-year perspective."

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