Russia: Amendment to Law on Special Economic Zones
Description
The Russian Federation amended its Law on Special Economic Zones (by the Federal Law 340-FZ from 25 December 2009) to
(i) reduce the minimum investment threshold,
(ii) widen the list of permitted business activities, and
(iii) simplify land acquisition and administration procedures.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception: 28 Dec 2009
GTA Evaluation: Green
Source:
Federal Law 340-FZ from 25 December 2009. Available from < http://www.rg.ru/2009/12/28/oez-dok.html >
Commentaries to the Law are available from < http://www.rg.ru/2009/12/28/oez.html >
World Investment Report 2010 - http://www.unctad.org/en/docs/wir2010ch3_en.pdf
Government Response:
- 300 reads
