The world’s largest energy exporter plans to raise a record $10 billion from asset sales this year, First Deputy Prime Minister Igor Shuvalov said in an interview with Bloomberg Television last month. While corruption continues to be an issue, it’s less so for foreign investors who have already committed to Russia, Shuvalov said.

Goldman Sachs is one of 23 foreign and domestic banks selected to advise Russia on its 1 trillion-ruble ($33 billion) privatization program. Last year it helped advise OAO Sberbank, Russia’s largest lender, on a $5.2 billion equity sale.

[link to www.bloomberg.com]