Head of the Russian Chamber of Commerce and Industry Yevgeny Primakov will step down in March, he said at a news conference Monday.
"I have served two terms. That's enough," said Primakov, 81. Election of the new organization head should take place at the end of 2011.
"However, elections to the State Duma will take place at that time. That situation is more important than elections to the chamber. Furthermore, we need to convene right now to settle many issues before the chamber," Primakov said. He added that he had discussed the issue with the presidential administration. He did not identify his possible successor.