Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

South Sudan: President Salva Kiir names new vice president

Read more

MEDIAWATCH

Leaked emails overshadow Democratic convention

Read more

ENCORE!

Music show: hot hits for the summer season

Read more

FOCUS

Canada: Religious sponsorship of refugees creates controversy

Read more

BUSINESS DAILY

Verizon set to buy Yahoo's internet business

Read more

IN THE PAPERS

As Democrats gather, Russian subplot sparks intrigue

Read more

IN THE PAPERS

Bernard Cazeneuve, the political punching bag

Read more

THE INTERVIEW

Erdogan to rid Turkish institutions of ‘separatist cancer’ after coup attempt

Read more

ENCORE!

The best of summer music festivals in France

Read more

Europe

Economic reforms top Medvedev's annual address

Text by News Wires

Latest update : 2009-11-12

Russian President Dmitry Medvedev has called for a new push to modernise and diversify the country's economy in his annual state of the nation address.

AFP - President Dmitry Medvedev called Thursday for Russia to modernize more quickly, but stressed that it should happen through the development of democratic institutions and a market economy.
  
In his annual address to the nation, Medvedev said Russia must diversify its economy away from raw materials exports and strive to become an influential power in the world.
  
"In the 21st century, our country again requires modernization in all areas, and this will be the first time in our history when modernization will be based on the values and institutions of democracy," Medvedev said.
  
The goal of his administration, Medvedev added, was to make Russia a society of "smart, free and responsible people."
  
In a comment reminiscent of the election campaign slogan of US President Barack Obama, Medvedev added: "We are all united on at least one thing: change is needed."

Date created : 2009-11-12

COMMENT(S)