RUSSIA Reducing the economic gap between Russia and the West

This was one of the promises Vladimir Putin made to the head of the International Monetary Fund, Horst Köhler, during their meeting at the Kremlin in November. The Russian president also assured him that the necessary measures would be taken to double the country's Gross Domestic Product in the next ten years. He also made it clear, in a special mention, that there would be no turning back on privatizations. There has been much speculation on this issue in recent weeks. The Yukos case has alarmed foreign investors in Russia, who feared a covert re-nationalization of large business groups. But for Putin, Khodorkovsky's imprisonment is a purely legal matter and will not affect Moscow's economic strategy aimed at consolidating a capitalist market.

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