ACDP congratulates Russia on completing their economic transition

Tuesday, 11 June 2002

Motion with Notice by KDS Durr, MP (NCOP)

The House notes that the United States Government has announced that the 1st of April 2002, marks the date at which Russia successfully completed her transition from a socialist/communist economy, to a market economy. Thus confirms a similar announcement of a fortnight ago by the European Union.

The news has been welcomed by Russia as a sign of acceptance by the worlds financial community that it is ready to welcome Russia into the World Trade Organization and that it will provide a further boost for much needed additional investment in order to spur on the fast growing Russian economy.

The House notes this historic event and milestone in the steady recovery of Russia from the horrors of the revolution in 1917 and the failed and bloody system of Communism that engulfed and subjected them.

The House congratulates President Putin and the great Russian people for their huge achievement of reconstruction and reconciliation and wishes them Gods richest blessings for a successful, free and peaceful future.

The House calls on South Africa and the world to learn the lessons of history.


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For further comment please call Kent Durr MP at 083 280 2674 or ACDP Media Liaison Liza Bloemetje at 082 478 1037