The Russian Federation President signed a law on industrial policy in the Russian Federation
The President of the Russian Federation signed a law on industrial policy. The law determines goals, tasks and principles of the industrial policy, circle of participants of it formation and implementation, and regulates powers of the RF Government, federal executive authorities, state authorities of the Russian Federation and local authorities in the field of industrial policy. It also features industrial policy in military-industrial complex. Industrial activity is planned to be promoted by providing its subjects with financial and consulting assistance. In particular, financial assistance of the subjects is provided in the field of industry by means of state funds. It’s also planned to grant state preferences and other means of support to develop science and technical and innovation activity in industrial field. Besides that the law regulates features of special investment contract, according to which investor shall create or improve and master industrial goods production, and the Russian Federation or its Subject shall implement measures of promoting industrial field activities. During such contract term investor is granted aggregate tax burden, regime and absolute requirement stability. State information industrial system is to be created to automate processes of collection and proceeding the information necessary to ensure industrial policy implementation, to increase efficiency of information exchange on industry status and projected growth.
The governor of the Murmansk region
Today, the Governor Marina Kovtun held a meeting of the Council on improving the investment climate in the Murmansk Region. The Head of the region recalled that in the National Investment Climate Rating for the constituent entities of the Russian Federation in 2016, the Murmansk Region rose by 20 points, improving its position to the 32nd place. For the third consecutive year, the region is included in the third group of regions, confirming the status of the region with favorable conditions for business development.
On June 23, 2017, in the Kolenergo Central electrical networks (2A Festivalnaya Street, the town of Apatity, the Murmansk Region), the Union of Industrialists and Entrepreneurs of the Murmansk Region (Regional Association of Employers) will meet with representatives of the business community of the municipal entities of the town of Apatity and the town of Kirovsk.