Eastern Europe News

Russia Is Optimistic On Growth But Still ‘Far From Where We Want To Be,’ Former Deputy PM Says

Image by Presidential Press and Information Office
Dmitry Medvedev and Arkady Dvorkovich

Russia has major challenges ahead in terms of improving its competitiveness on the world stage, but its current and former officials remain positive despite mounting Western sanctions.

Russian Railways chairman and former Deputy Prime Minister Arkady Dvorkovich, speaking at the Ambrosetti Forum in Cernobbio, Italy on Friday, admitted the slow pace of progress in the country of 144 million.

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“I think we’re far from where we want be … A long way to go, but we are getting more competitive with time,” he told CNBC’s Steve Sedgwick, emphasizing the country’s plans to strengthen foreign partnerships and increase public and private investment into education and innovation.

To read more visit CNBC.

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