When the cooperation of the state and business will become an objective reality? What prevents the forming of public and private partnership in Russia? In the world practice this type of partnership has been a key tool for achieving sustainable economic growth for a long time. Being properly organized and regulated, public and private partnership is beneficial for government, business and citizens. The major problem is the lack of trust between these two parties. What are the steps towards each other should business and the authorities undertake? The article is devoted to these questions.