Translation. Region: Russian Federal
Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –
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Relevant order approved by the Russian Government. The document was developed by the Ministry of Economic Development to implement the new provisions of the law "On the Fundamentals of Tourist Activity in the Russian Federation", which were adopted by the State Duma and approved by the President in July. They appeared at the initiative of the tourism business. The list has been agreed upon with the Ministry of Foreign Affairs and may be further expanded by decision of the Government.
According to the law, the same amount of financial security (tour operator civil liability insurance) applies to tour operators that specialize exclusively in trips to neighboring countries as for companies operating in the domestic market from September 1. Its amount is 500 thousand rubles instead of 50 million for operators sending tourists to other countries. In addition, such tour operators will be exempt from the obligation to pay contributions to personal liability funds, the purpose of which coincides with insurance.
Financial security is necessary to compensate tourists in the event of the tour operator's insolvency. Given the low risks and cost of travel to neighboring countries, tourists' interests will be protected even with a decrease in security, and the innovation may also have a positive effect on the cost of tourism products.
Tour operators in neighboring countries, like other outbound tour operators, will be required to participate in filling the reserve fund of the Tourpomoshch Association for the purpose of returning tourists from these countries in the event of crisis situations.
The new regulation stipulates that all tour operators in outbound tourism will be able to ignore the total cost of tours to neighboring countries when calculating the amount of financial support and contributions to personal liability funds.
"Reducing the financial burden on tour operators will allow us to more actively develop new destinations in neighboring countries and expand the range of available tours. For travelers, this means not only more attractive prices, but also an increased level of protection. Organized vacations provide insurance coverage, prompt assistance in unforeseen situations, and guaranteed organization of return to the homeland if necessary. We expect that the easing of regulatory requirements will also facilitate the transition of a significant part of the market from the gray zone to the legal field, which will increase the reliability and transparency of the industry in the interests of tourists," said Deputy Minister Dmitry Vakhrukov.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
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