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Head of the Ministry of Eastern and Eastern Development Alexander Galushka took part in the Government meeting

On July 10 in Moscow, Minister of the Russian Federation for the Development of the Far East Alexander Galushka took part in a Government meeting chaired by the Government of the Russian Federation Dmitry Medvedev, the press service of the Ministry of East Development reported.

The meeting discussed the state and prospects for the development of the mineral resource base of Russia. According to the data voiced during the meeting, more than 1 million people work in the extractive industry. The mineral extraction tax, existing export customs duties, and payments for the use of subsoil resources provide about half of the federal budget revenues and most of the export earnings. However, according to Medvedev, the deterioration of the quality of deposits, infrastructure problems, administrative costs limit the profitability of the production of a significant part of the mining enterprises and the industry as a whole, and therefore, their attractiveness to investors is reduced.

The meeting participants discussed the issue of the results and work plans for ensuring the sustainable functioning of the water sector of Siberia and the Far East.

As part of the execution of the Presidential Decree "On measures to eliminate the consequences of large-scale flooding in the Republic of Sakha (Yakutia), Primorsky and Khabarovsk territories, Amur and Magadan regions, the Jewish Autonomous Region", special studies were carried out to assess the hydrological changes that occurred as a result of the extreme flood in 2013 and its reasons, the results of which formed the basis for the selection of long-term projects for engineering protection of the territories of the Far Eastern Federal District in future periods.

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