Special Economic Zones in Russia

Last updated

The Special Economic Zones in Russia are established by the Russian government to attract foreign direct investment. [1] The privileges of special economic zones last for 49 years, and offer their residents a special legal status resulting in a number of tax and customs preferences. [1]

Contents

Russia has eighteen federal special economic zones (SEZs) and several regional projects. Federal SEZs in Russia are regulated by Federal Law # 116 FZ issued on July 22, 2005. [2]

There are MNCs among investors to Russia's SEZ, such as Yokohama, Cisco, Isuzu, Air Liquide, Bekaert, Rockwool and many others.

History

Federal Law # 116 FZ was issued on July 22, 2005 to regulate SEZs.[ citation needed ]

Open joint-stock company OSJC "Special Economic Zones" was founded in 2006 to accumulate and implement world's best practices in developing and managing SEZ and promote Foreign direct investment (FDI) in the Russian economy. It is fully owned and funded by the Russian state. It managed fifteen to-be federal SEZs.[ citation needed ]

As of March 2010, Russia's federal SEZs host 207 investors from eighteen countries.[ citation needed ]

List of SEZ

As of 2022, there are 45 special economic zones in Russia: [3]

Industrial Production

Technology and development

Tourist and recreational

Logistics

Ports

Related Research Articles

<span class="mw-page-title-main">Oblasts of Russia</span> Administrative division of Russia

In Russia, the oblasts are 46 administrative territories; they are one type of federal subject, the highest-level administrative division of Russian territory.

<span class="mw-page-title-main">Economic regions of Russia</span> Economic subdivisions of Russia

Russia is divided into twelve economic regions —groups of federal subjects sharing the following characteristics:

<span class="mw-page-title-main">.ru</span> Latin alphabet Internet country code top-level domain for Russia

.ru is the Latin alphabet Internet country code top-level domain (ccTLD) for Russia introduced on 7 April 1994. The Russian alphabet internationalized country code is .рф.

<span class="mw-page-title-main">Time in Russia</span> About the 11 time zones of Russia

There are eleven time zones in Russia, which currently observe times ranging from UTC+02:00 to UTC+12:00. Daylight saving time (DST) has not been used in Russia since 26 October 2014. From 27 March 2011 to 26 October 2014, permanent DST was used.

This list summarises the country subdivisions which have a separate article on their politics. Countries where significant powers delegated to federal units or to devolved governments and where the political system is multi-party democracy are more likely to have articles on the politics of their subdivisions.

<span class="mw-page-title-main">Borders of Russia</span> Political boundaries between Russia and neighboring territories

Russia, the largest country in the world, has international land borders with 14 sovereign states as well as 2 narrow maritime boundaries with the United States and Japan. There are also two breakaway states bordering Russia, namely Abkhazia and South Ossetia. The country has an internationally recognized land border running 22,407 kilometres (13,923 mi) in total, and has the second-longest land border of any country in the world, after China. The borders of the Russian Federation were mostly drawn since 1956, and have remained the same after the dissolution of the Soviet Union. In 2014, Russia annexed Ukraine's Crimean peninsula in a move that remains internationally unrecognized.

The 2015–16 Russian Cup, known as the 2015–16 Pirelli–Russian Football Cup for sponsorship reasons, was the 24th season of the Russian football knockout tournament since the dissolution of Soviet Union.

The Free port of Vladivostok is a special investment regime in the Russian Far East. Since its establishment in 2015, the government has assured that the Free Port would create a distinctive economic zone, attracting foreign investments, facilitating technology transfer, and fostering international expertise, all while promoting grassroots entrepreneurialism.

<span class="mw-page-title-main">2017–18 Russian Cup</span> Football tournament season

The 2017–18 Russian Cup was the 26th season of the Russian football knockout tournament since the dissolution of Soviet Union.

<span class="mw-page-title-main">2016 Russian elections</span> Elections in Russia

Election Day in Russia was 18 September 2016. Among them were the legislative election for the 7th State Duma, nine gubernatorial elections, 39 regional parliamentary elections, and many elections on the municipal and local level.

The 1967–68 Soviet Cup was an association football cup competition of the Soviet Union. The winner of the competition, Torpedo Moscow qualified for the continental tournament.

The 2006–07 Russian Cup was the 15th edition of the Russian football knockout tournament since the dissolution of Soviet Union. The competition started on 13 April 2006 and finished on 27 May 2007, with the final played at the Luzhniki Stadium in Moscow, where Lokomotiv Moscow beat FC Moscow 1–0 at extra time.

The 2019–20 Russian Cup was the 28th season of the Russian football knockout tournament since the dissolution of the Soviet Union.

<span class="mw-page-title-main">Innopolis Special Economic Zone</span>

SEZ “Innopolis” is a high tech innovation hub located in the city of Innopolis in the Republic of Tatarstan. The Innopolis zone also bears the designation of a special economic zone (SEZ). On November 1, 2012 the Government of the Russian Federation issued a decree creating special territories to attract investment and develop the IT-industry in the region. A special economic zone provides its residents and partners with tax and customs benefits, insurance premiums, rental incentives and a number of other preferences.

<span class="mw-page-title-main">Constituencies of Russia</span> Parliamentary constituencies used for elections to the Russian Duma

Legislative constituencies are used in Russia to elect half of the seats (225) in the State Duma. Each Federal Subject gets a certain amount of constituencies, proportional to their population, with every Federal Subject getting at least one. Every constituency is a single-mandate one, meaning each constituency sends one representative to the State Duma.

This is a list of the main association football rivalries in Russia.

References

  1. 1 2 "About The Project". eng.russez.ru (in Russian). Retrieved 24 June 2017.
  2. "Special economic zone "Togliatti"". Trade Delegation of the Russian Federation in the United Kingdom. Retrieved 24 June 2017.
  3. Russia briefing (18 October 2022). "Russia Establishes Three New Special Economic Zones". Russia Briefing News. Retrieved 7 December 2023.
  4. "The Cabinet of Ministers approved the creation of new SEZs in Chuvashia and the Volgograd region". AKM EN. 7 November 2022. Retrieved 7 December 2023.
  5. Sukhankin, Sergey (31 March 2016). "Kaliningrad: Russia's stagnant enclave". ECFR. Retrieved 7 December 2023.
  6. "A new SEZ will be created in the Kemerovo region". AKM EN. 3 November 2022. Retrieved 7 December 2023.
  7. "Lyudinovo Special Economic Zone: Advantages and Expected Results". Investment Portal Kaluga Region (in Russian). Jan 25, 2013. Retrieved 7 December 2023.
  8. Correspondent, Yasmine YahyaSenior Political (26 November 2013). "Russia's Pskov region seeks Singapore investors". The Straits Times. Retrieved 7 December 2023.
  9. "Titanium valley special economic zone" (PDF). Retrieved 7 December 2023.
  10. Kuchumov*, Artur; Karpova, Galina; Voloshinova, Marina; Testina, Yana (28 December 2019). "Challenges And Opportunities Of Development Of Tourism And Recreation Special Economic Zones". European Proceedings of Social and Behavioural Sciences. Social and Cultural Transformations in the Context of Modern Globalism. doi: 10.15405/epsbs.2019.12.04.248 . ISSN   2357-1330 . Retrieved 7 December 2023.
  11. "Togliatti area open for the investments / Investments Potential / English Version". tgl.ru. Retrieved 7 December 2023.
  12. "China's CNCEC joins Aeon methanol project in Russia". interfax.com. 16 Jun 2023. Retrieved 7 December 2023.
  13. "TUSUR and the Special Economic Zone of Tomsk". tusur.ru. Retrieved 7 December 2023.
  14. "Special Economic Zone". en.baiksez.ru. Retrieved 7 December 2023.
  15. "Russian Federation - Adoption of federal law granting Vladivostok "free port" status | Investment Policy Monitor | UNCTAD Investment Policy Hub". investmentpolicy.unctad.org. 13 Jul 2015. Retrieved 7 December 2023.