RusEnergy

MOSCOW, October 26 (RIA Novosti) - Russia has invested over $1 billion in the United States in 2005, the Russian Industry and Energy Ministry press service quoted the ministry's head Viktor Khristenko as saying at a Washington meeting with U.S. President George Bush. It is very significant that "Russian-American investment cooperation has long stopped being a one-way street," Khristenko said. "And if some people think it is a flight of capital from Russia, I am totally for such flight." The minister said such investments were a "logical" and "quite natural" consequence of the development of Russia's largest companies Severstal, Norilsk Nickel, and LUKoil. After the talks, Khristenko said the U.S. president had promised support from the U.S. administration in further developing bilateral investment cooperation.