INTC to expand development opportunities

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

An important disclaimer is at the bottom of this article.

At a meeting of the State Duma, amendments to the legislation on innovative scientific and technological centers (ISTCs), developed by the Ministry of Economic Development of Russia on instructions from the President of the Russian Federation, were adopted in the second and third readings. The draft federal law is aimed at creating flexible mechanisms for managing land plots and the infrastructure of ISTCs, as well as strengthening the role of regions in the development of innovative clusters.

The key changes to the bill in the second reading concerned the regulation of land turnover in the INTC, and the conditions for the transfer of land to companies with state participation and subjects of the Russian Federation are regulated in detail. In particular, it is envisaged that land plots can be provided to companies with state participation for ownership, lease or gratuitous use for a period of up to 49 years.

At the same time, the provision of land plots to state companies is possible only if there is a construction concept approved by the management company and a decision of the Supervisory Board of the INTC Fund. In the event of the sale of land plots, an agreement is also envisaged between the fund and the company, which will include strict obligations regarding the terms and parameters of construction, as well as liability for failure to comply with the conditions.

In turn, the subjects of the Russian Federation will be able to receive land for the implementation of infrastructure projects after coordinating their concept with the management company of the INTC and receiving approval from the Supervisory Board of the INTC Fund.

According to the First Deputy Minister of Economic Development Maxim Kolesnikov, the facilities built in the INTC can only be used to implement INTC projects and provided to the fund, the management company or the project participants, which excludes misuse. In addition, mandatory state examination of design documentation is introduced for facilities built with the involvement of budget funds. The draft law separately highlights norms for increasing the involvement of the subjects of the Russian Federation in the development of the INTC.

"The subjects of the Russian Federation will be able to independently establish funds and management companies for the INTC without the mandatory participation of the federal government. The regions will also participate in coordinating strategies for the development of innovation centers, which will increase their involvement in the process," commented Maxim Kolesnikov.

Finally, for project participants – residents of the INTC – the period of extraterritoriality (the ability to work outside the borders of the INTC territory) is extended from three to five years, which will provide the INTC with sufficient time to create infrastructure to accommodate residents.

"The adoption of the amendments will create stable conditions for investors and participants of the INTC, ensure transparency in the management of land and infrastructure, and strengthen the interaction between the federal center and the regions in the development of the innovative economy. In this way, we are laying the legal foundations for the long-term development of the INTC, including such significant projects as the Vorobyovy Gory cluster. This will allow us to more actively form advanced scientific and technological centers that are competitive at the global level," emphasized Maxim Kolesnikov.

The amendments to the law on the INTC are aimed at creating a sustainable legal framework for the development of innovative infrastructure. In general, this will speed up the implementation of key projects, attract new participants and strengthen cooperation between the state, business and scientific organizations, he added.

A total of 13 INTCs have been created. They provide development of more than 40 scientific and technological areas in 12 regions (Moscow, Moscow Region, St. Petersburg, FT Sirius, Tula, Ryazan, Novgorod, Kaluga, Nizhny Novgorod, Kaliningrad Regions, Primorsky Krai, Khanty-Mansiysk Autonomous Okrug – Yugra), more than 600 residents are involved in the work of the centers.

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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Dmitry Grigorenko: The State Duma supported the government bill on regulating digital platforms in Russia

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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The government bill on regulating the platform economy has been approved by the State Duma. The package of measures is aimed at protecting the rights and interests of citizens when interacting with intermediary digital platforms. As reported by Deputy Prime Minister – Chief of the Government Staff Dmitry Grigorenko, the Government continues to discuss new legal provisions with the industry in order to prepare a number of by-laws.

Today, the share of digital platforms in the total volume of retail trade is 15%, and in 2024, more than 6 billion orders were made through them. Given the relevance and timeliness of the bill, the deputies proposed to postpone the date of its entry into force to an earlier date – from October 1, 2026.

"The bill was developed in cooperation with the industry, discussions took place at all key venues. As a result of such careful development, the document retained its concept following consideration in the State Duma. At the same time, a number of provisions were clarified, which made the bill even more targeted. Its task is to protect the rights of sellers and buyers, provide guarantees to market participants and promote further stable development of the platform economy in Russia," Dmitry Grigorenko commented on the results of the consideration of the draft law.

Thus, during the consideration of the draft law, the ban on creating discriminatory conditions for access to platforms was clarified. A ban is introduced for operators of any digital platforms to create discriminatory conditions for persons (both individuals and legal entities) using such a platform. In addition, the law establishes the right of recourse (regression) against the platform operator for platform partners. For example, the seller compensated the buyer for damages, but the damage was not caused through his fault. The right of recourse will ensure a fair distribution of responsibility between partners and the platform.

At the suggestion of the deputies, the requirements for the placement of product cards were also revised. If the seller has not posted a link to the certificate of state registration of the product, the platform operator must not allow the card of such a product to be published. This norm supplemented similar requirements for goods subject to mandatory certification, declaration of conformity and labeling, which were already spelled out by the Government in the draft law for the first reading. Platforms will also be required to provide technical functionality to partners to place information on the product card about the possibility of purchasing goods, works, services using an electronic certificate (for example, for the purchase of technical rehabilitation equipment).

After signing the law on regulating the platform economy, the dialogue with the industry and departments will continue. In pursuance of its provisions, the Government will have to prepare 8 by-laws. For example, to approve the rules for maintaining and forming a register of intermediary platforms. Namely, the criteria for the economic significance of platforms and the composition of information for inclusion in the register, the procedure for making changes to the register and excluding from it. The Government will also establish a procedure for platforms to verify information in product cards (compliance with labeling requirements, links to records in compliance registers, certificates of state registration, etc.).

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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The State Duma supported the regulation of the right of veto on the introduction of protective measures in the EAEU market

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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At a plenary session on Tuesday, July 22, the State Duma supported the ratification of the protocol on amendments to the Treaty on the Eurasian Economic Union, which provides for the creation of a special mechanism for conducting investigations and making decisions on the application or non-application of special protective, anti-dumping and compensatory measures. The protocol was signed on December 26, 2024 and submitted for consideration to the lower house of parliament by the President of the Russian Federation.

Deputy Minister of Economic Development of the Russian Federation Vladimir Ilyichev reminded in his report that the said measures are intended to protect the Union's producers from unfair (dumping or subsidized) or sharply increased imports from third countries. These measures are applied in the form of duties on imported goods. "Considering that in the EAEU, production is mainly concentrated in Russia, these measures are an important tool for domestic producers, allowing them to compete on fair terms," he said.

At the same time, Russia’s partners in the EAEU, who do not have their own production and who are interested in cheap imports, do not always support initiatives to introduce measures and can block a protective measure using the right of veto, the deputy minister stated.

The current version of the Union Treaty does not contain a procedure for exiting the situation with the blocking of a protective measure. A "veto" imposed by one of the Union partners on a decision to introduce a protective measure may be in effect indefinitely. While the measure is blocked, imports from third countries continue to cause damage to Union producers, including Russian businesses.

“The amendments to the Treaty on the Union, developed at the initiative of the Russian side, establish a procedure for exiting the situation with the ‘vetting’ of protective measures with the participation of the Intergovernmental Council and the Court of the Union, as well as a time limit for it,” Vladimir Ilyichev emphasized.

The first stage of the procedure will be the consideration of the blocked measure at two meetings of the Intergovernmental Council. If an agreement is reached, no further continuation of the procedure is required, and the protective measure comes into force. At the second stage, the Commission transfers the consideration to the Court of the Union. This body, as an arbitrator, must assess whether the decision is balanced – whether the interests of both producers and consumers, who may also suffer damage from the introduction of the protective measure, are satisfied. If, after the Court of the Union, the member state does not agree with the introduction of the measure, the issue is brought to the level of the Supreme Council of the EAEU. This mechanism will be in effect for 2 years with automatic extension for subsequent two-year periods (if there are no objections from the parties).

“The set of changes provided for by the Protocol will ensure legal certainty in the issue of exiting the veto situation, speed up the decision-making process on the application of a protective measure and, accordingly, strengthen the protection of our producers from unfair or sharply increased imports,” concluded the Deputy Head of the Ministry of Economic Development of Russia.

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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Salaries in special economic zones are consistently higher than regional ones: up to 40% for SEZ residents

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

An important disclaimer is at the bottom of this article.

Today, July 22, the mechanism of special economic zones (SEZ) turns 20 years old. During this time, they have become one of the key drivers of development of territories where the most important projects in industry, science, logistics are being implemented, and growth points in tourism are being formed. SEZs create conditions for the implementation of priority economic tasks outlined by the President of Russia.

Companies that are residents of special economic zones provide higher wages compared to regional averages. This is due to both the technological profile of enterprises and the competition for qualified specialists. According to the administrations of a number of zones, the difference in wages can reach 30-40%.

Thus, according to the results of the first quarter of 2025, the average salary at the enterprises of the Dubna SEZ residents amounted to 121.6 thousand rubles. This is approximately 15% higher than the average level in the Moscow region. According to Anton Afanasyev, General Director of JSC Dubna SEZ TVT, the zone specializes in high-tech industries – medicine, biotechnology, pharmaceuticals, IT and design of complex systems – which allows creating jobs with high added value and corresponding wages.

In St. Petersburg, the difference is even more noticeable: salaries at resident enterprises exceed the city average by about 30%. As noted by Tamara Rondaleva, General Director of the St. Petersburg SEZ, this is facilitated by the concentration of knowledge-intensive and export-oriented industries in the zone: "Specialists with complex qualifications work here – developers, research associates, engineers. The growth of salaries is also affected by the competition between residents for qualified personnel."

Other regions demonstrate similar indicators. In the Titanium Valley SEZ, the average salary at operating production facilities is about 105 thousand rubles, while in the Sverdlovsk region as a whole it is 84.6 thousand. In Kaliningrad, the difference is also noticeable: the average salary at resident enterprises is approaching 83 thousand rubles, while at non-residents it is about 66 thousand.

According to Mikhail Labudin, Director of the Association of Clusters, Technology Parks and SEZs of Russia, high wages are a characteristic feature of all special economic zones: "The level of wages in SEZs traditionally exceeds the average for the manufacturing industry and other sectors by 30-40%. This is explained by the specifics of the residents themselves – as a rule, these are high-tech, capital-intensive companies focused on export and production of products with high added value. Such enterprises impose higher requirements for the qualifications of personnel, which is directly reflected in the level of wages."

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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The First Central Asian International Economic Forum Concluded in Dushanbe

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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On July 22, 2025, the first Central Asian International Economic Forum ended in Dushanbe, becoming the final event of the International Expedition "Journey to the Heart of Eurasia". It started in Moscow on June 6 and lasted almost two months. In 51 days, the Expedition participants made a motor rally with a total length of more than 8 thousand km and held about 160 business and educational events in 27 cities of Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.

In his address to the forum participants, Russian Minister of Economic Development Maxim Reshetnikov noted the high economic potential of Central Asia: according to EDB forecasts, in 2025, the GDP growth of Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan will significantly exceed the global average.

"Today, Central Asia is one of the fastest growing regions in the world, forming a new center of economic growth in the Eurasian space. Russia has traditionally been a leading trading partner for the entire region. According to the results of 2024, Russia's trade turnover with the countries of Central Asia amounted to almost 20% of the total trade turnover of Central Asia with all external partners. The basis of joint economic growth is the active interaction of the regions of our countries," the statement says.

The Forum's business program included thematic sessions on humanitarian ties, tourism, women's entrepreneurship, free economic zones, digitalization, logistics, ecology and international cooperation.

"Russia is ready to share experience and expand cooperation in the areas of e-commerce, digitalization, artificial intelligence and creative economy. I am confident that both the Expedition and the Forum itself will become annual and will help open new horizons for strengthening mutually beneficial cooperation," Maxim Reshetnikov emphasized.

Following the Forum, a number of cooperation agreements were signed. The event brought together more than 500 participants from Russia and Central Asian countries: representatives of government bodies, public structures, business circles, expert communities, as well as international organizations and integration associations.

The forum was organized by the Russian-Tajik Business Council and the ANO International Center for Regional Initiatives with the support of the Roscongress Foundation, the Presidential Administration of the Russian Federation, the Government of the Russian Federation and the Tajik side. The general partners were RVB (Wildberries

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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For the first half of 2025, the volume of support under the preferential leasing program amounted to 181 million rubles

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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The Ministry of Economic Development of Russia has summed up the results of the implementation of the program of preferential equipment leasing for small and medium-sized companies for the first half of 2025. The amount of support exceeded 180 million rubles, and the tool itself is in demand in industrially active regions.

Preferential leasing plays an important role in the development of the small and medium-sized business sector, providing companies with access to modern equipment without the need for large one-time investments. This is especially important for manufacturing enterprises that need to update equipment to improve competitiveness, expand capacity and enter new markets. Support through leasing reduces the financial burden, accelerates modernization processes and stimulates business growth in the regions.

"In the first half of 2025, 16 companies took advantage of the preferential leasing program, the amount of support was 181 million rubles. The average transaction bill was 11.3 million rubles. Geographically, the main activity is concentrated in the Nizhny Novgorod Region, St. Petersburg and Moscow, the Chelyabinsk Region, and the Republic of Bashkortostan. This indicates the demand for the instrument in industrially active regions of the country," said Deputy Minister of Economic Development of Russia Tatyana Ilyushnikova.

The largest number of companies that took advantage of preferential leasing were from the mechanical engineering and metalworking industries – they made up 58% of all recipients. A significant share was occupied by enterprises of the chemical industry (17%) and the food industry (14%).

Among the purchased equipment, the most popular were: metalworking equipment and machines – 38% of the total number of leased items, equipment for processing polymers and chemical raw materials – 31%, gas piston units – 14%, woodworking equipment – 11%.

Since August 2023, a separate preferential leasing program has been in effect for small and medium-sized businesses in the Donetsk and Luhansk People's Republics, Zaporizhia and Kherson regions. It promotes the development of the industrial sector in new regions, helps modernize production and provides an incentive for the development of entrepreneurship. The operator of the program is the Republican Leasing Company of the Donetsk Republic (GUP DPR "RLK"), which was financed from the federal budget in the amount of 300 million rubles in 2023 and 2024 and provided for in regulations so that preferential leasing would be available to entrepreneurs from all four regions. The main conditions of the program: long-term lease of equipment/property at a preferential rate of 6% per annum for Russian equipment, 8% for foreign equipment, the amount of the advance payment is 20-50%, the leasing term is up to 5 years, the industries are food production, manufacturing, agriculture, etc.

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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Mikhail Mishustin to visit Gorno-Altaisk on July 23–28

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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The Prime Minister will take part in the events of the International Environmental Conference. Participation of government delegations from Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan is expected.

Mikhail Mishustin's schedule also includes a tour of the emergency room of the Republican Hospital and conversations with the head of the Altai Republic Andrei Turchak and the governor of the Altai Territory Viktor Tomenko.

Deputy Prime Ministers Dmitry Grigorenko, Alexey Overchuk, Marat Khusnullin, Minister of Natural Resources and Environment Alexander Kozlov, and Minister of Health Mikhail Murashko will take part in the events of the trip.

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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From October 1, 2026, official regulation of the activities of platforms will be introduced in Russia

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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The State Duma deputies unanimously adopted in the second and third, final readings the draft law "On Certain Issues of Regulating the Platform Economy in the Russian Federation", as well as a package of amendments to industry legislation necessary in connection with the new regulation. The draft federal law was developed on the instructions of the Chairman of the Government of the Russian Federation Mikhail Mishustin and under the supervision of the Deputy Chairman – Chief of Staff of the Government of the Russian Federation Dmitry Grigorenko. The new rules will come into force on October 1, 2026.

"The bill was developed in cooperation with the industry, discussions took place at all key venues. As a result of such careful development, the document retained its concept following consideration in the State Duma. At the same time, a number of provisions were clarified, which made the bill even more targeted. Its task is to protect the rights of sellers and buyers, provide guarantees to market participants and promote further stable development of the platform economy in Russia," commented Deputy Prime Minister and Chief of Staff of the Government Dmitry Grigorenko on the results of consideration of the draft law.

One of the key amendments that emerged during the consideration of the bills in the State Duma concerned the timing of the entry into force of the new regulation. Now, the extension of the adopted norms to the activities of intermediary digital platforms is expected from October 1, 2026. This innovation was also agreed upon with the largest market players. According to the Minister of Economic Development of Russia Maxim Reshetnikov, this is explained by the need for the earliest possible implementation of new legal mechanisms.

"When preparing the bill on the platform economy and discussing it in committees, proposals were received from the deputy corps to postpone the entry into force of the law to an earlier date, to 2026. In the course of work, this proposal was discussed with the platforms themselves. The logic of postponing the deadline is that the norms provided for by the bill, those security guarantees for consumers, businesses and the platforms themselves, begin to work as soon as possible, since these legal mechanisms are long overdue. During the discussion, these proposals were supported. Thus, one of the key amendments to the second reading of the bill was the postponement of the date of its entry into force – from March 1, 2027 to October 1, 2026. This, in turn, means that digital platforms will more quickly start fine-tuning their own systems to bring them into compliance with the law," commented Maxim Reshetnikov.

Deputies, the State Duma's specialized committees on economic policy and industry and trade made a major contribution to finalizing the bill, the minister noted. For example, based on comments from deputies, the requirements for posting product cards subject to mandatory confirmation of conformity (certification, declaration of conformity, state registration) have been supplemented. In particular, the platform operator will not have to allow the publication of a product card subject to state registration if the seller has not posted a link to the certificate of state registration of the product. This provision supplemented similar requirements for products subject to mandatory certification and declaration of conformity, which were already spelled out in the draft law for the first reading.

A separate innovation touched upon the need to provide technical functionality for placing information on the product card about the possibility of purchasing goods, works, services using an electronic certificate – one of the ways to receive state support. With the help of such a certificate, you can purchase a technical rehabilitation device.

"When working on the amendments for the second reading, we proceeded from the fact that all interests of market participants were balanced as much as possible. This concerns issues of intellectual property, and verification of labeling certificates, and control of partners by platforms, and the accessibility of platform solutions for people with disabilities and the acquisition of technical equipment through certificates. We sought to ensure that all these standards were clearly spelled out, and the mechanisms were recorded. Finally, the key thing that colleagues drew attention to is that the bill will come into force on October 1, 2026," emphasized Maxim Topilin, Chairman of the State Duma Committee on Economic Policy.

At the same time, the Minister specifically noted that with the adoption of the bill, work with the industry and relevant government bodies will continue on a number of issues. By the date of entry into force of the law, it is planned to adopt a number of by-laws. This concerns the rules for maintaining and forming a register of intermediary digital platforms, determining the criteria for their economic significance and the composition of information that will be included in the register, the procedure for inclusion, amendments and exclusion from it. A number of acts will be related to detailing the norms established in the law. This will also concern the data of partners who will check the platforms, the procedure for checking information in product cards by platform operators.

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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Tatyana Golikova held a meeting of the Presidential Commission on Veterans Affairs

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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Deputy Prime Minister Tatyana Golikova held a regular meeting of the Commission under the President of the Russian Federation on Veterans' Affairs. The members of the commission discussed the measures taken to facilitate the employment of veterans of the special military operation, their professional training and additional professional education in in-demand professions.

"The issue of employment of SVO participants is under the special control of the head of state. Russian President Vladimir Putin instructed the Government, together with the state fund "Defenders of the Fatherland" and the regions, to organize interaction with SVO participants and their family members, including those who have not applied to the employment service, to provide them with support measures, assistance in employment and obtaining additional professional education," said Tatyana Golikova.

The Deputy Prime Minister noted that the Government has approved an interdepartmental plan of measures to improve the level of employment of SVO participants and organize their career guidance. The plan provides psychological, social and legal support for SVO participants in their employment, assistance in obtaining the necessary documents, and holding specialized job fairs with the participation of regional employers.

At present, more than 10.5 thousand participants of the SVO and their family members have applied to the employment service agencies; they have been provided with more than 33 thousand state services in the field of employment assistance, such as job search, career guidance and others.

The largest number of demobilized participants of the SVO are employed in manufacturing, transport, trade, construction and public administration.

A number of measures are envisaged to ensure employment of SVO participants and their family members. Thus, they have the right to receive assistance from employment service agencies in priority training and employment.

An employee participating in the SVO is provided with the retention of his/her job and social and labor guarantees that he/she had before the start of participation in the SVO. A special procedure for taking into account the length of service for the purpose of assigning a pension has been established.

As part of the national project "Personnel" launched on January 1, 2025, professional training is provided to participants of the SVO, as well as their family members. The training is carried out in accordance with the list of 360 professions, positions, and specialties in demand on the labor market approved in February 2025. An information resource for receiving and routing applications for training has been created on the "Work of Russia" portal.

Following the discussion, the following was instructed.

The Russian Ministry of Labor, together with the Social Fund, shall conduct an analysis of cases of employment of demobilized participants of the SVO who have had zero income or income below the minimum wage for a month (or for the last six months), as well as an analysis of the reasons for the current situation in the context of each identified case.

The State Foundation "Defenders of the Fatherland" shall formulate and send to the Ministry of Labor, the Ministry of Education and the Ministry of Science and Higher Education proposals on training aimed at improving the qualifications of SVO participants, with the aim of their employment in jobs (positions, professions) in which SVO participants have expressed a desire to carry out labor activities taking into account the acquired qualifications, as well as proposals on the formation in the subjects of registers of professions in demand among SVO participants.

In order to improve the organization of work on the employment of demobilized participants of the SVO, as well as for the future demobilization of participants of the SVO, the highest executive bodies of the subjects for the training (if necessary) of demobilized participants of the SVO, as well as their subsequent employment, should study the issue of the adequacy of the personnel potential of employment services to support the process of employment of demobilized participants of the SVO, and also conduct an analysis of the availability of vacant (reserved, planned for creation) jobs for the employment of this category of citizens.

The highest executive bodies of the constituent entities are recommended to strengthen their work on the employment of SVO participants, including SVO disabled persons, as well as their family members, using employment services (the "one-stop shop" principle, personal career consultant), the unified digital platform "Work of Russia", and to ensure continuous monitoring of this work and interaction between interested bodies. Inform SVO participants and their family members about the possibility of a priority order of using the mechanism of state social assistance on the basis of a social contract, about the right of employment service bodies to assist them in priority training and employment, about the activities of the national project "Personnel" for vocational training and additional vocational education of SVO participants and their family members, as well as employers about existing measures to stimulate the hiring of certain categories of citizens (through partial compensation of wages to employers), reimbursement of part of the costs of equipping workplaces for employment, including combat veterans with disabilities.

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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The State Duma simplifies the entry of companies into associations and unions

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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Deputies approved the draft law of the Ministry of Economic Development, simplifying the process of joining business entities (JSC and LLC) to associations or unions. The draft law was developed within the framework of the "Transformation of the Business Climate" mechanism and was adopted in the first reading in September 2024.

The bill is aimed at optimizing the procedure for making decisions on business participation in associations, unions and other associations of legal entities or citizens. Current regulations provide for the adoption of such decisions exclusively by the highest governing body of the company – the general meeting of shareholders or participants of the company. Usually, the formation of the agenda, preparation of ballots for voting, and sending out invitations to shareholders take about a month.

"This procedure leads to additional costs associated with conducting corporate procedures. The draft law provides for the possibility of referring the issue of making such decisions by the charter of a joint-stock company to the competence of the board of directors or the collegial executive body of the company," noted First Deputy Minister of Economic Development Maxim Kolesnikov.

The regulation will affect more than 51 thousand joint-stock companies (JSC), including more than 800 public JSC, and more than 2.5 million limited liability companies (LLC).

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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