Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
CNN deletes article about meeting between Scaramucci and Russian Direct Investment FundWorld June 24, 13:12
Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
Politician says Russia vs Mexico football game will be interesting to watchSport June 23, 21:11
Kyrgyz president sees revival of relations with Russia as major result of his tenureWorld June 23, 20:49
“Our country has a right to initiate negotiations to change its tariff liabilities within the scope of the WTO since January 1,” Manturov said.
The ministry is also considering the possibility of reducing duties on imports of some kinds of raw materials and components needed to manufacture industrial goods inside the country.
Prime Minister Dmitry Medvedev said separately at the meeting that the government in early October will prepare a plan to support import substitution in the industrial and agricultural sectors in 2014-2015; he added that funds for the program will be found in any case. Medvedev also added that additional funds will be provided to support some agricultural sectors.
Manturov said that the import substitution program will require no additional state injections, and will ensure increase of domestic production share in all key sectors of the processing industry. “Currently, imports account for over 50% of the total sales volume, and this situation poses serious risks for economy,” he said.
Economic Development Minister Alexei Ulyukayev at the meeting warned against investing in outdated technologies while carrying out the import substitution program.