The IX International Forum

Arctic: today and the future

December 05-07, 2019, St.Petersburg


Within two weeks proposals for preferences in the Arctic will be finalized


Within two weeks proposals for preferences in the Arctic will be finalized

Proposals for a project of preferences in the Arctic will be finalized within two weeks for further transfer to the government. It was reported by Minister of Development of the Far East and the Arctic Alexander Kozlov.

«We have developed a project of preferences for the Arctic zone, which was discussed at the meeting of the presidium of the state commission on the development of the Arctic. Within two weeks we need to collect new proposals to prepare a final draft of the documents and submit it to the government for discussion», - TASS quotes Kozlov.

The head of the ministry noted that at the moment negotiations had already been held with companies that were already implementing or planning to start projects in the regions of the Arctic zone of the Russian Federation. «The president’s order is to increase the cargo traffic along the Northern Sea Route four times; we have already seen the base of those companies that will form the basis of these 80 million tons. They showed us the problems which they saw in the implementation of their projects. These problems are associated with the adoption of final financial models and require investment and government support», - he said, specifying that the preferences developed by the Ministry of Preferences were formed by the existing preferences in the Far Eastern Federal District.

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