In the 21st century, human labour can no longer be viewed as merely a cog in the chain of mechanical production or a depersonalised tool for achieving economic targets. We need to rethink the fundamental role and value of labour. I would go so far as to say that contemporary societies and economies would not be able to develop sustainably if human capital were not given precedence and if conditions were not created for each individual to fully realise their economic potential.

During the course of the meeting Prime Minister Vladimir Putin laid particular emphasis on the implementation of programmes to boost employment in Russia. “Job creation programmes have so far involved about 4.5 million people. Thanks to government support many people have kept their jobs, got new jobs, upgraded their skills and some have even started their own businesses,” the Prime Minister said. Other issues discussed included how to extend government support for agricultural producers to horticultural enterprises and organising summer vacations at the Orlyonok children’s centre.

Vladimir Putin announced at the meeting that he signed an executive order appointing Vladimir Yakunin to a new four-year term. The meeting focused on plans for the development of railways in Russia, including high-speed rail. Mr Yakunin also outlined plans for the development of the Northern Railway to Murmansk and a passenger rail ring around Moscow, which will partly solve Moscow's traffic problem.