Vladimir Putin and Kremlin Property Manager discuss Russia's foreign property condition and management

Russia's president Vladimir Putin has held a working meeting with Kremlin Property Manger Vladimir Kozhin.

They discussed the realization of the presidential decree on Russia's foreign property condition and management, said Kozhin at a press conference following the meeting.

The count-down of Russia's foreign property condition dates back to October 2000, when the president issued a decree leaving only two key players in this legal field /property ownership abroad/ - Russia's Foreign Ministry and the Kremlin Property Management, Kozhin said.

According to the assessments, made by independent international special organizations, the total value of Russia's property abroad, controlled by the Kremlin Property Management, is estimated at 1.5 billion dollars.

The property, managed by the Kremlin Property Management, comprises about a thousand objects in 70 countries of the world, more than 800 of which have already been taken to the Kremlin Property Management balance.