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Global News / Markets
Russia likely to export drinking water

MOSCOW: Russia, which has the world's largest sweet water resources, could begin export of drinking water to needy countries within next five to 10 years.

"Acute shortage puts water in the category of key resources like oil and natural gas, ferrous and non-ferrous alloys. I presume that after five years, maximum 10 years the export of water could become a reality for Russia. Our country has enough potentia l for this and our many neighbours have need for water,'' said

Boris Gryzlov, Speaker of State Duma (the Lower House of Russian Parliament). Addressing the International Forum "Pure Water 2009'' here, Gryzlov said as part of the diversification of national economy Russia also could provide cutting edge technology fo r water conservation and purification to its needy neighbours, primarily Kazakhstan and other Central Asian republics.

As Russia looks to move away dependency on the export of crude oil, he said many experts had proposed the export of sweet water as one of the major alternative sources of revenue. - PTI

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