Category: Russian Economy

Translation. Region: Russian Federal

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

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Deputy Prime Minister of the Russian Federation Alexander Novak, who oversees the North Caucasus Federal District, held the first meeting of the Organizing Committee for the preparation and holding of the Caucasus Investment Forum in 2026.

The event was attended by representatives of federal authorities, heads of regions that are part of the North Caucasus Federal District, top managers of the largest state corporations, members of business associations and public organizations, representatives of industry communities. According to the decision of the Organizing Committee for the preparation and holding of KIF-2026, next year the Forum will be held from 17 to 19 May in Mineralnye Vody at the MinvodyEXPO IEC.

The Caucasus Investment Forum is held in order to increase the investment potential of the North Caucasus Federal District and in the interests of its sustainable socio-economic development.

Opening the meeting, Deputy Prime Minister of the Russian Federation Alexander Novak thanked the organizers, members of the Organizing Committee, representatives of departments and companies that took part in organizing the Caucasus Investment Forum in 2025, noted the high assessment of the past event by the country's leadership, the high-quality composition of the participants, including foreign ones. "The Caucasus Investment Forum 2025 in Mineralnye Vody was an important step forward – both in terms of organization and content. We were able to exceed the bar of last year, and this is the result of the teamwork of all participants. I thank the Organizing Committee, the Government of the Stavropol Territory and the Ministry of Economic Development of Russia for their contribution to the preparation of the Forum. Special thanks to the Roscongress Foundation, the team and partners – your support made the Forum meaningful and large-scale. The Vershina Award showed an increase in investor interest in the region – 266 applications from 49 regions. I consider it important to continue holding it in 2026. The youth program covered key areas – IT, science, entrepreneurship, tourism. This confirms that the Caucasus has a strong human resource. Today we are already starting preparations for KIF-2026 in order to hold it even more effectively," noted Alexander Novak.

Adviser to the President of the Russian Federation, Executive Secretary of the Organizing Committee of the Caucasus Investment Forum Anton Kobyakov noted that the North Caucasus is a promising region with many growth points. "Among the areas of active development of the regions of the district are tourism, agriculture, employment. Systematic work on the infrastructure development of the North Caucasus continues. Holding the Caucasus Investment Forum opens up broad opportunities for cooperation between the North Caucasus Federal District and other regions of Russia, including in terms of attracting new economic partners and expanding prospects for the development of industrial and agricultural production, as well as strengthening the region's position in the tourism market."

The business program of KIF-2026 will be attended by heads of government bodies, representatives of Russian and international companies, mass media, youth and scientific communities. The forum will become a platform for negotiations and conclusion of business contracts for the purpose of developing investment projects and public-private partnerships in Russian regions.

The business program in 2026 will place special emphasis on expanding international economic cooperation, primarily with the countries of the Azov-Black Sea and Caspian basins. It is planned that representatives of these states will actively participate in the forum, which will open up new opportunities for creating international transport and logistics routes and implementing joint investment projects in such areas as mining, ecology and cultural interaction.

The organizer of the KIF is the Roscongress Foundation with the support of the Ministry of Economic Development of the Russian Federation.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of national and international congress, exhibition, business, public, youth, sporting, and cultural events, created in accordance with the decision of the President of the Russian Federation.

The Foundation was established in 2007 with the aim of promoting the development of economic potential, advancing national interests and strengthening the image of Russia. The Foundation comprehensively studies, analyzes, forms and covers issues of the Russian and global economic agenda. Provides administration and facilitates the promotion of business projects and attracting investments, promotes the development of social entrepreneurship and charitable projects.

The Foundation's events bring together participants from 209 countries and territories, more than 15,000 media representatives work annually at Roscongress venues, and more than 5,000 experts in Russia and abroad are involved in analytical and expert work.

The Foundation interacts with UN structures and other international organizations. It develops multi-format cooperation with 226 foreign economic partners, associations of industrialists and entrepreneurs, financial, trade and business associations in 89 countries of the world, with 358 Russian public organizations, federal and regional executive and legislative bodies of the Russian Federation.

Official Telegram channels of the Roscongress Foundation: in Russian — t. me/Roscongress, in English — t. me/RoscongressDirect, in Spanish — t. me/RoscongressEsp, in Arabic — t. me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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.

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.

Deputy Minister of Economic Development of the Russian Federation Svyatoslav Sorokin held a meeting on the development of the territory of the special economic zone (SEZ) "Avangard" during a working visit to Omsk Oblast.

To date, 11 residents have registered in the SEZ, who have already invested 5.7 billion rubles and created 108 jobs.

The plans for the development of the SEZ include the placement of new investment projects. The key project will be the construction of a tire plant of JSC Avangard (part of the Ural Mining and Metallurgical Company, UMMC). The total investment in the project will amount to 41.5 billion rubles. The start of production is scheduled for the first quarter of 2028. The enterprise will produce up to 10.5 thousand extra-large tires per year – for quarry equipment, dump trucks and heavy machines operating in the mining industry. Each such tire is designed for a load of over 20 tons. The products are oriented, among other things, to the needs of Kuzbass and the Far East. About half of the volume will be consumed within UMMC's own contour, which ensures guaranteed demand.

It was noted at the meeting that in order to continue working to attract investment to the SEZ territory, it is necessary to carry out measures to develop water supply and sanitation networks, the estimated cost of which is 3.044 billion rubles. The possibility of financing was announced by Svyatoslav Sorokin through the mechanism of providing the region with a treasury infrastructure loan. Following the meeting, the Government of Omsk Region sent a corresponding application to the Ministry of Economic Development of Russia.

"Development of the territory of the SEZ "Avangard" opens up opportunities for the placement of new high-tech production facilities. The company's tire plant project is a large-scale investment initiative with an import-substituting effect and a significant contribution to the regional budget. Such projects form a new industrial profile of the Omsk Region," said Deputy Minister of Economic Development of Russia Svyatoslav Sorokin.

SEZ "Avangard" was created in December 2020 on the territory of Omsk. The total area is 165 hectares, of which 116 are intended for the placement of residents, 73% have already been leased or owned.

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.

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 the Russian Federation has approved a new regulation on the Information and Analytical System for Monitoring the Quality of Public Services (IAS MKGU). The key innovation of the document was a significant expansion of the system's functionality. Now, not only are citizen reviews on the quality of state and municipal services collected and processed, but they are also analyzed using the BI analytical module. This allows for continuous monitoring of service quality in automatic mode, analyzing objective data from information systems regardless of the form in which they are provided.

The monitoring tracks the life cycle of the provision of services and electronic services. Monitoring is carried out on more than 20 indicators: refusals, delays, technical errors, level of complaints, assessment, level of satisfaction, feedback conversion and others. Based on the results, ratings of services, departments and subjects of the Russian Federation are formed. Last year, modern public opinion research tools were integrated into the system, including monitoring of social networks, a service for sending notifications and collecting feedback from applicants via the VK social network was launched.

Currently, 57 subjects of the Russian Federation are connected to the system. More than 5.3 million notifications were delivered to citizens, of which more than 1.17 million contained a feedback collection questionnaire. By May 2025, the conversion rate of feedback collection in VK through the Vashkontrol service was 82.1%.

"All these changes will allow us to promptly identify problem areas in the provision of public services and respond to them promptly, which will ultimately increase citizens' satisfaction with the work of government agencies. The updated IAS MKGU has become another step in the digital transformation of public administration on the way to increasing the efficiency of interaction between the authorities and society," said State Secretary – Deputy Minister of Economic Development of Russia Alexey Khersontsev.

IAS MKGU was created in 2012 to collect feedback and calculate the level of citizen satisfaction with the quality of services. Initially, the system was limited to monitoring 63 of the most popular services, but now all services and electronic services in the country will be covered.

Currently, representatives of ministries and departments of federal and regional government levels and MFCs are registering to gain access to personal accounts of the IAS MKGU, where they will be able to monitor the quality of their services in real time, receive information on deviations from target values and recommendations for eliminating deficiencies identified during monitoring.

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.

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.

The State Duma deputies adopted the draft federal law "On Certain Issues of Regulating the Platform Economy in the Russian Federation" in the first reading, as well as a package of amendments to industry legislation required in connection with the new regulation. These measures are designed to ensure transparency and stability of the market, protect the interests of consumers and entrepreneurs, and create conditions for the further growth of the platform economy.

The new regulation 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 and Chief of Staff of the Government of the Russian Federation Dmitry Grigorenko.

"The President has instructed to speed up the adoption of the law on the platform economy, and together with the deputies we have already begun to implement this task. Last week we submitted an initiative to the State Duma, and today the draft law was adopted in the first reading. Such efficiency proves that we and the deputies see the goal of regulation in the same way. This is the protection of the rights and interests of our citizens: buyers, sellers, owners of order pick-up points and, in general, all participants in the platform economy," commented Deputy Prime Minister – Chief of Staff of the Government of Russia Dmitry Grigorenko.

The main focus of the developed regulation is on intermediary digital platforms that combine information about goods and services, allow transactions and payments, noted Maxim Reshetnikov, Minister of Economic Development of Russia, in a report to the lower house of parliament. A unified conceptual apparatus is also introduced, the rights and obligations of platform operators, sellers, buyers and service providers are clearly defined.

"Over the past four years, online sales have quadrupled, and their share in retail trade has reached 15%. About 80% of Internet users access platforms every month – 6 billion orders were placed in 2024. Business is actively moving online: today, more than a million sellers work on platforms, and 80% of them are representatives of small and medium businesses," Maxim Reshetnikov emphasized.

The new regulation will increase trust in the platform economy. Every day, more than half of the country's population becomes buyers, sellers, and orders various services through platforms – from grocery delivery to taxi rides, the minister emphasized.

A number of measures are aimed at increasing the responsibility of platforms to buyers. Now operators are required to check data on sellers through the public services portal and official registers. Product cards without safety confirmation (labeling, certification or declaration of conformity) will not be published. Additionally, requirements for the storage of goods are established, including compliance with sanitary standards.

Agreements between operators and sellers must include clear grounds for sanctions, changes in the position of the product card in search results, the procedure for changing prices and calculating the operator's remuneration for providing services. Platform operators, in turn, are required to notify partners of changes in essential conditions at least 45 days in advance. Fines and blocking are possible only after a reasonable notice of three days. The use of discounts at the expense of the seller is allowed only with his consent, which can be revoked at any time. Also, platforms are required to provide reconciliation statements of mutual settlements upon request within seven days and update them monthly.

"Such detailing will make it easier for businesses to defend their rights. Moreover, it will be possible to resolve disputes with platforms not only through the courts, but also out of court. For this purpose, a special system will become mandatory on platforms, through which a compromise can be found with the operator," Maxim Reshetnikov emphasized, adding that initiatives of State Duma deputies, as well as proposals from businesses, industry associations and experts, were taken into account when developing the bills. This made it possible to create a balanced regulatory system that will contribute to the sustainable development of the platform economy.

Digital platforms are a fast-growing segment of the economy, and its regulation requires a serious, balanced approach, says Denis Kravchenko, First Deputy Chairman of the State Duma Committee on Economic Policy.

"Today, the State Duma supported the bill on the platform economy in the first reading. We have been working on this bill together with the government for over a year. During its preparation, the text of the law underwent significant changes taking into account the position of market players, the expert community and deputies. Yesterday, the bill was unanimously supported by deputies of the Committee on Economic Policy. Today, during the discussion, consolidated support was also born. This is very important for us. This is a new sector of the economy, which will be defined in the near future. It is growing rapidly, so it requires serious legislative regulation. We will finalize the text for the second reading," Denis Kravchenko commented.

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.