INVC,, Seoul,,

Dmitry Medvedev took part in Trade and Investment Roundtable as part of the Seoul G20 Business Summit.

The main theme of the meeting was providing support for small and medium-sized business. Among the main objectives of the Group of Twenty, Dmitry Medvedev named the need to ensure access to national and international capital markets for small and medium-sized businesses. In addition, effective anti-crisis government policy should focus more on improving the business climate, optimising the conditions for doing business, reducing administrative barriers, granting preferences and promoting the use of advanced technologies by small and medium-sized companies. Dmitry Medvedev noted that the Russian Government will continue its efforts on developing microcrediting as an effective tool to support small businesses. The President also named the creation of business incubators and raising financial literacy as efficient lines of government activity. The meeting also focused on the use of government procurement mechanism for small businesses and encouraging banks to more actively work with small businesses.

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