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Today in Russian Business – Feb 24, 2010

The Economic Development Ministry has a plan to reform Russia’s state corporations, which have both commercial and regulatory functions, and are set to become extinct in this current form by 2015.  The ‘Innovation Delegation‘ from the US has left Russia with a list of ‘technological and civic initiatives‘ including measures to fight human trafficking and spur competition.  Rusal’s shares are struggling towards a recovery after it revealed plans to increase aluminium production this year.  An analyst at VTB bank discusses Russia’s current economic situation.