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Major Events of the Month

Innovative development of Russian economy is a fiscal policy priority for the government

The ultimate goal is to provide Russia a worthy place in the international division of labor, including, as holder of intellectual properties ownership rights...

CC upholds the constitutionality of WTO Accord and its compliance to local laws

Specifically, the Constitutional Court ruled that the WTO Protocol signed by the Kremlin does not violate Russians rights and freedoms nor threatens the countrys sovereignty...

Issue: August 2012, Vol. 7, No. 7     Author: Agatha Idrisova
Tags: WTO

Audit Chamber seeks creation of a special council to oversee state contracts policy

Such a council has become necessary in connection with the removal of public control from the bill on public procurement rules...

Companies incorporation via mobile phone devices in Russia to begin in the fall

The online service allowing companies to be incorporated via the Internet using mobile devices would be launched this autumn in accordance with the prime ministers order...

Issue: August 2012, Vol. 7, No. 7     Author: Agatha Idrisova
Tags: FTS

The Customs Union troika devises mechanisms to protect market against unfair competition

The document that takes into account all areas regulating access to our market will use new arsenal of tools to protect the three countries' markets...

Oversight agency calls for harsher penalties for food technical requirements violations

Russia needs to significantly increase the financial responsibility, so that firms "can no longer pay their way out as the current fines are merely symbolic...


Government and businesses to facilitate more economic mobility for citizens

In this regard, the government has been ordered to prepare a plan within three months on the concept of migration policy till 2025...

Issue: May 2012, Vol.7, No.5     Author: Irina Kozlova
Tags: Medvedev

Navalny ranked among the world's elite, but the tandem team fails to make the list

The publication linked Navalnys popularity to social activeness of Russians seeking radical reforms and Internets rapid development...

Issue: May 2012, Vol.7, No.5     Author: Irina Kozlova
Tags: Navalny

Nurgaliyev decrees second re-certification for Russian Force employees

This order for a new purge in the long-suffering agency means Nurgaliyev has officially recognized the failure of the previous certification held during the militsia reform...

Issue: May 2012, Vol.7, No.5     Author: Irina Kozlova
Tags: Nurgaliyev

Russian Central Bank wants talks on new banks capitalization increase off the agenda

Russian Central Bank Chairman Sergei Ignatyev has said it is premature to start discussing a new benchmark of minimum capital for banks...

Issue: May 2012, Vol.7, No.5     Author: Irina Kozlova
Tags: CB

Mobile subscribers to be able to keep numbers after changing services providers

According to the order, the Communications Ministry is to submit its proposals on how to implement this policy by July 1...

Issue: May 2012, Vol.7, No.5     Author: Irina Kozlova
Tags: Dvorkovich

Russian Foreign Ministry decries U.S. State Departments visa denial to Kobzon

Foreign Ministry spokesman Alexander Lukashevich said Moscow was perplexed by the U.S. refusal to grant a visa to Russian singer and State Duma legislator Iosif Kobzon...

Issue: May 2012, Vol.7, No.5     Author: Irina Kozlova
Tags: Kobzon

Preparation of a road map for implementing Putin's electoral campaign promises

The president-elect said such road map should focus on implementing his election campaign strategic objectives without jeopardizing the country's macroeconomic stability...

Issue: April 2012, Vol.7, No.4     Author: Agatha Idrisova
Tags: Putin

Kremlin denies Khodorkovsky and his business partner Lebedev presidential amnesty

The Russian authorities have refused to tamper justice with mercy by denying jailed ex-Yukos Oil Corp. owner Mikhail Khodorkovsky a presidential amnesty...


Union Government losing integration competition with the Customs Union

The Russian and Belarusian Union Government (UG) will find it harder to compete with the trilateral Customs Union (CU) of Belarus, Russia and Kazakhstan, UG State Secretary Grigory Rapota said...

Difference in civil servants and private workers salaries to hover around 20% in Russia

Speaking on the issue, Deputy Minister Oleg Fomichev noted that people often enter the civil service for career growth opportunity, status, stability, as there is no risk as in the business sector...


Russian medical sciences declared near-comatose and non-competitive

Health and Social Development Minister Tatyana Golikova has severely criticized Russian medical health sciences as 'backward, ineffective and uncompetitive at home and abroad'...

Call for switching from Anglo-American model of justice to Romano-German model

For this purpose, RIC Director Alexander Bastrykin wants to introduce the concept of the Institute of Establishment of Objective Truth to the Criminal Code...


Prevailing trends in Russia's economy favorable for mass privatization

The market conditions are better than they were during the crisis, and therefore, mass privatization, which must include the natural monopolies, should be done right now, official says...

Issue: March 2012, Vol. 7, No.3     Author: Alex Freedmann
Tags: Artemyev

Russia loses 4% of GDP through the illegal cash conversion and export of capital

A top official says the negative practices affect the pace of Russia's economic development, reduce investment incentives and poses a serious threat to its national security...

Issue: March 2012, Vol. 7, No.3     Author: Alex Freedmann
Tags: Zubkov

Russias Financial Monitoring Agency to be transformed into a Financial Police Force

The strategy that will combine the functions of financial intelligence and crimes detection will enable the authorities to detect and verify suspicious financial transactions...

Audit Chamber ready for privatization review and drafting of compensation sum

The Russian Audit Chamber is ready to reevaluate the 1990s privatization and calculate the amount of a possible one-time compensation payment to the state, the agency said...


Expensive cars and elite real estate properties to subjects of luxury taxation

The finance minister specially noted that the interests of poor people will not be affected by the introduction of such luxury property taxes...