RF President signs the law defining the concept of ‘inland water ways of the Russian Federation’

RF President has signed the Federal Law “On introduction of amendments into the Code of inland water ways of the Russian Federation and into the Federal Law “On privatization of state and municipal property””, says the Kremlin.

State Duma of the Russian Federation passed the Federal Law on June 21, 2016; the Federation Council approved it on June 29, 2016.

To improve the efficiency of state regulation in the sphere of inland water transport of the Russian Federation the Federal Law redefines the concept of ‘inland water ways of the Russian Federation’ which are interpreted as the ways for inland water transport defined by the Government of the Russian Federation. 

The list of inland water ways includes both federal and regional IWW. The Law sets forth the criteria for classification of inland water ways as federal or regional IWW.

Amendments into the Federal Law “On privatization of state and municipal property” specifies the privatization of river ports’ facilities.