Ministry for Development of Russian Far East and Arctic expects special economic regime to come into force in Arctic in 2020
Ministry for Development of Russian Far East and Arctic expects special economic regime to come into force in Arctic in 2020, IAA PortNews correspondent cites Aleksandr Krutikov, Deputy Minister for the Development of the Russian Far East and Arctic as saying at the plenary session of the IX international forum “Arctic: Today and the future”.
According to the speaker, the bill on tax support for Arctic project has been drafted and submitted to the State Duma. “According to our and Energy Ministry’s calculations, these privileges will ensure inflow of private investments of RUB 15 billion in the coming 15 years”, said Aleksandr Krutikov.