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Alexander Galushka drew attention to the right of regions to establish two-year tax holidays for entrepreneurs

The Minister of the Russian Federation for the Development of the Far East, Alexander Galushka, held a meeting with the heads of constituent entities of the Russian Federation, during which he discussed the implementation of the Government's Plan of Priority Actions for Ensuring Sustainable Development of the Economy and Social Stability in 2015. The governors told the problems that are typical for the regions, and made their proposals.

“The plan approved by the Chairman of the Government today contains concrete measures to get our country out of the difficult situation that has arisen as a result of the unfavorable foreign economic and foreign policy environment. The task of our department, together with the regions, is to achieve the effect of the implementation of this plan on the ground "- said Minister Alexander Galushka.

Speaking about the aspects of the Priority Action Plan, Alexander Galushka noted that the priorities identified by the Government essentially coincide with the tasks of the Ministry of Color Industry: the creation of new export-oriented industries, the promotion of business development, the attraction of investment resources, and the creation of new jobs.

In particular, the Plan, adopted by the Government, emphasizes the need for faster growth of private investment in the GDP structure, attracting significant amounts of foreign direct investment. "Today we are bringing this work to a qualitatively new level," said Alexander Galushka. - The Law on the territories of advanced development has been adopted, we are assigned to work on the introduction of this fundamentally new format in the Far East of our country. We do not see any obstacles today that would prevent us from successfully continuing to work with potential investors and already launch a number of projects in the foreseeable future ".

In addition, the Minister drew attention to the law adopted at the end of last year, which allows regions to establish a two-year tax holiday for newly registered individual entrepreneurs. "It is important that the regions of the Far East make the most effective use of this right", - said Alexander Galushka.

The Minister also said that the Ministry of Regional Development in a regular mode conducts a detailed analysis of the potential risks and threats that are typical for each DFD entity - economic, budgetary, risks of implementing investment projects that are specific to certain sectors of the economy, energy and housing, food security, etc.

The format and theme of today's meeting will be regular. A similar event is already scheduled for next week in Vladivostok.   

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