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Russia to integrate shipbuilding into global market

      RBC, 13.05.2008, Moscow 17:51:45.Using modern financial instruments is necessary for the development of shipbuilding in Russia, the country's Prime Minister Vladimir Putin said during a meeting on the industry's development. Among such instruments he named the leasing of Russian sea and river vessels, noting that the scheme would provide producers with orders and enable consumers to receive new marine equipment at better terms.

      Russian shipbuilding must be integrated into the global market, Putin stressed. He specified that technological, engineering, industrial, and marketing cooperation with foreign partners was required for the sustainable development of the industry.

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