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10% of Regions Attractive

Economic Development Minister Elvira Nabiullina said no more than 10 percent of the country's regions are seen as attractive for investment. Russia is competing on global capital markets both for foreign funds and to keep Russian money from fleeing abroad, Nabiullina told lawmakers in the upper house of parliament, the Federation Council, in Moscow on Tuesday.

She also said the country's gross domestic product will probably expand 4.2 percent this year from 2010 and industrial output will grow 4.7 percent.

(Bloomberg)

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