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Reuters: Russia To Open $29 Billion Asset Sales To Foreigners

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Tags: Investment, Privatization, Russia

Russia will open its most ambitious privatization programme since the 1990s to foreign investors, its economy minister said on Thursday, while the government gave its initial approval to the planned $29 billion in asset sales.

Thursday's government meeting gave the preliminary thumbs-up to the three-year privatization plan as part of draft budgets for 2011-2013.

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