Russia may move company head offices east in Asia pivot


  • World
  • Thursday, 06 Feb 2014

Russian Prime Minister Dmitry Medvedev gives an interview to federal TV channels at the Ostankino TV Center in Moscow December 6, 2013. REUTERS/Alexander Astafyev/RIA Novosti/Pool

MOSCOW (Reuters) - Prime Minister Dmitry Medvedev on Wednesday ordered officials to draft plans to move the head offices of some state-owned companies to far eastern Russia as part of an effort to develop the region, a senior official said.

Russia wants to increase its clout in Asia, where it has eager clients for its oil and gas including China and Japan, and is looking for ways to develop the sparsely populated stretches of country from Siberia to the eastern coastline.

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