Mr. Bazhenov believes the major factors that lead to lower competitiveness of Russian shipyards in rivalry with foreign companies, are the lack of customs and tax preferences, effective in other countries. Besides, widespread introduction of leasing schemes for the construction of ships is necessary. All of these issues have been worked out in the bill.
"Our team fully supports this bill. The sooner it is adopted, the better", PortNews quoted Vladimir Bazhenov as saying.
According to an earlier PortNews’ report Russian Ministry of Transport in the first decade of March published a draft federal law "On Measures Supporting the Russian Shipbuilding and Navigation and Amendments to Some Legislative Acts of the Russian Federation."
To read more details on the Ministry of Transport’s initiatives, see PortNews’ "Relevant Topic", April 5, 2010.