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RF government approves bill on simplifying export control over high-tech products

The document was approved by the government at its meeting on June 17

MOSCOW, June 18 (Itar-Tass) - The Russian government submits a bill on simplifying export control over highly technological products to the State Duma. As the official website of the government reports on Tuesday, the given document was approved by the government at its meeting on June 17.

The amendments in the federal law “On export control” are aimed to encourage the growth of volumes of Russia’s export of highly technological products and eliminate surplus administrative barriers (with the simultaneous observation of Russia’s security interests and international obligations in the sphere of export control.)

The document envisages vesting the Russian president with the powers to adopt decisions on the establishment of the license-free regime of export of some kinds of controlled goods to some foreign states, as well as stop or suspend the effect of this regime (export of controlled technologies is not envisaged).

The bill defines the demands for the Russian participants in the foreign economic activity, with the fulfillment of which they will have the right to supply controlled goods to foreign countries within the framework of the license-free export regime.

According to Russian Prime Minister Dmitry Medvedev, such a step is justified. “The task is to simplify and speed up the existing control procedures and encourage the advance of highly technological products and scientific developments of Russian enterprises to foreign markets,” he said at a meeting of the government. The prime minister stressed that the simplification of the procedures will be carried out “with the necessity to observe control procedures and attentively follow what is going on.”

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