S-400 missile systems put on combat duty in northwestern RussiaMilitary & Defense December 08, 8:47
Japanese Foreign Ministry officially announced Putin's visit on December 15-16World December 08, 7:04
Putin to meet with head of Eurasian Economic CommissionRussian Politics & Diplomacy December 08, 6:22
Russian envoy says relations with NATO started deteriorating long before Ukrainian crisisRussian Politics & Diplomacy December 08, 4:55
Contact Group agrees to settle water cuts issue in Lugansk within 7 days ― OSCE envoyWorld December 08, 2:58
Glencore expects deal on purchasing stake in Rosneft to close in mid-DecemberBusiness & Economy December 08, 2:03
Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
43 ceasefire violations reported in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 1:16
One reconciliation agreement signed in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 0:26
The new laws contain refined criteria, upon which participants in the SEZ are to be selected, and enhance the preferences in business operations and in customs formalities. The authors of the revised legislation believe this will help bring private investors in the Magadan region’s manufacturing and mineral-resource producing industries.
The SEZ was set up in the region in 1999.
Special Economic Zones began to develop in Russia as of 2005 under the guidance of the company ROSOEZ. They have brought together 400 investors from about 30 countries.
Russia has six SEZes of the manufacturing type that are located in large regions close to the places where natural resources are produced, five zones of the technological type located in large centers for research and education for stimulating innovative businesses there, four zones of the tourist type embracing the popular tourist destinations where the conditions are conducive to the development of recreational business, and two zones of the logistical type near the major transportation routes that help control supply chains.