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Alexander Galushka: The President's Message is One More Step in Realizing a New Model of the Development of the Far East

As part of the announcement of the annual Address to the Federal Assembly, Russian President Vladimir Putin paid attention to the role of the territories of priority development in the economic transformations of the country. Addressing parliamentarians, he urged them to speed up the adoption of bills aimed at creating TOP. In addition, Vladimir Putin suggested using the developed mechanisms in new directions: "I propose that the TOR regime be extended to new projects in a number of single-industry towns, in the single-industry towns of the country where the socio-economic situation is the most difficult, and not wait for three years, as now envisaged by the bill, but to introduce changes into this draft law and start working now on multiathletes.

And of course, the key role of TORA should play in the rise of the Far East. We announced large-scale plans for the development of this region, and these plans will be implemented, of course, "the President said.

Vladimir Putin instructed the cabinet to open new sources of funding for the Far East Development Fund: "I ask the government to work on the question of capitalization of the Far East Development Fund. For these purposes, it is possible to direct a portion of the increase in federal taxes that will be obtained through the opening of new enterprises in the region.

A complex dialogue on this issue was with the Ministry of Finance, as usual in such matters. We agree that this can be done at the first stage with the exception of VAT. Well, and then see how this system works, "the head of state said.

The President drew attention to the development of marine logistics schemes in the Far Eastern Federal District: "I propose to grant Vladivostok the status of a free port with an attractive, facilitated customs regime.

We also need a comprehensive project of modern competitive development of the Northern Sea Route. It should work not only as an effective transit route, but also stimulate business activity on the Russian Pacific coast and development of the Arctic territories, "the President said.

Minister Alexander Galushka believes that in the message to the Federal Assembly, the Russian president outlined strategic vectors for the Far East, which will give a serious growth in the development of the region.

"The message is one more step in the implementation of the new model of the development of the Far East. The first was done about a year ago, when in the Message of 2013 the creation of a network of territories for advanced development was announced. All that the president said today in the Far East is those strategic vectors that will give a serious growth in the development of the macroregion, in the development of the eastern territories, "the minister stressed.

"By his appeal to the members of the Federal Assembly on the early adoption of the draft law on the TOP, the President demonstrated the importance of the chosen path of development and showed his attitude to this initiative, to this project. In the Far East, in conditions of budgetary limitations, a qualitative instrument of financing will be used - the Development Fund for the Far East, "the Minister stressed.

He noted that the logistics component is important in building modern growth points. The granting of a new status to Vladivostok will enable the region to develop in the context of the general logic of the historical eastern vector of Russia:

"Back in the Russian Empire Vladivostok was a port-franco. We continue that line of development of our eastern outpost, which was chosen practically from the moment of its foundation, that is, we solve the original problems, "said Alexander Galushka.

The head of Minvostokrazvitiya believes that the economic part of the Message in general is sustained in the logic of the mechanisms proposed in the draft law on territories of advanced development:

"The speech stressed the need for amnesty of capital, fixing taxes, reducing the number of inspections and reducing the administrative burden - all these are links in one chain, designed to create the most comfortable conditions for businesses and investors. Many of these measures are already provided for in the draft law on TOR, "said Alexander Galushka.

Recall that at present laws aimed at creating territories in the Russian Federation for advanced development are at various stages of adoption. 1 December, the Russian President signed a document that provides tax incentives for future residents of the TOP. The State Duma passed in the first reading the unanimous adoption of the basic draft law "On the Territories of Advanced Social and Economic Development in the Russian Federation" and the draft law "On Amending Certain Legislative Acts of the Russian Federation in Connection with the Adoption of the Federal Law" On the Territories of Advanced Social and Economic Development in the Russian Federation ". Currently, the documents are being prepared for the second reading. It is planned that the whole package of laws will come into force from 1 January 2015.

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