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The list of instructions of the President directed to the development of the Far East was formed

4 December Vladimir Putin signed a list of instructions aimed at developing the Far East.

Recall that in the second part of his message to the Federal Assembly, the President emphasized the strategic importance of the Far East in strengthening the national influence and independence of the Russian Federation. With a view to further large-scale development of the region, the President proposed a number of priority tasks. First, the extension of the priority development territories regime to new projects in single-industry towns with the most difficult economic situation, for which it is necessary to amend the draft law on TORs. Secondly, additional capitalization of the Fund for the Development of the Far East and the Baikal Region, which should actively open and support new enterprises in this region in order to stimulate activity on the Pacific coast. And finally, granting Vladivostok the status of a “free port” with a facilitated customs regime, which is now in place in Sevastopol.

In order to achieve the objectives set for December 4, the following decisions were made:

1. To introduce for the second reading in the State Duma the draft law "On territories of advanced socio-economic development in the Russian Federation", changes that provide for the extension of a special legal regime to organizations implementing investment projects in single-industry towns. At the same time, the special legal regime will not apply to city-forming enterprises and their subsidiaries. The second reading must tentatively pass before the end of the current year.

2. In the legislation of the Russian Federation, up to 15 July 2015, changes must be introduced that would allow the development fund of the Far East and Baikal region to be capitalized. One of the means of implementing this decision should be the volume of the return of a part of the federal taxes coming from the new enterprises created in these territories within three years, with the exception of VAT.

3. Until 1 June next year, the Cabinet of Ministers must develop and approve a comprehensive project for the development of the Northern Sea Route, and before June NNXX, the Government needs to ensure that the necessary changes are made to the legislation of the Russian Federation that would provide Vladivostok with the status of a free port.

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