THE IMPLEMENTATION OF A REGIONAL INVESTMENT STANDARD WAS DISCUSSED AT THE HOUSE OF THE REPUBLIC
On February 28th, the Head of Mordovia, Artyom Zdunov, met with members of the Mordovian regional branch of “Business Russia” and the regional investment group. The topic for discussion was the implementation of a regional investment standard developed by the Ministry of Economic Development of the Russian Federation at the instruction of the President of Russia.
The regional investment standard aims to reduce administrative barriers for businesses during the implementation of investment projects. In 2021, the Republic entered into the list of 12 pilot regions for its implementation. Last year, the regional investment standard was recognized as implemented in 70 regions of the country, including in Mordovia. The verification of this process is conducted by business associations such as “Business Russia”, the Chamber of Commerce and Industry, and the Russian Union of Industrialists and Entrepreneurs.
Elena Yurchenkova, the Commissioner for the Protection of Entrepreneurial Rights in the Republic of Mordovia and Chairperson of the MRO “Business Russia”, provided information about the verification results of the implementation of the regional investment standard and the rules for the current year. In Mordovia, a working group has been formed, consisting of representatives from business associations and 30 investors. A survey conducted showed positive changes in the region's investment climate. This year, there will also be an assessment of the standard implementation, which is included as one of the indicators in the national ranking of regions.
Ivan Gorin, Acting Minister of Economy, Trade, and Entrepreneurship of the Republic of Mordovia, also delivered a report on the investment development of the republic.
Source: Press Service of the Head of the Republic of Mordovia.