ANNOUNCEMENT 20 Jul 2013In July 2013, the government of the Russian Federation announced a change in its trade finance instruments.
NUMBER OF INTERVENTIONS
On 20 July 2013 the Russian Government approved with Order Nr. 1268-p the Plan ("Road-map") "Development of the information technology industry".
The implementation of the activities under this order seeks to ensure an average growth rate of the IT industry for the period 2013-2018 of more than three times the average GDP growth rate. In addition, the road map targets to increment the number of jobs in the IT industry in order to ensure increased creation of value added within the country. The achievement of these goals shall increase Russian IT companies' exports from the current USD 4.4billion to USD 9 billion in 2018.
Some of the envisioned either discriminatory or liberalising state interventions that affect international trade and migration are:
This measure comprises of some policy initiatives that increase discrimination against foreign commercial interests and others that reduce such discrimination. As a result the measure is classified amber.