Vladimir Putin instructed the government to develop and approve strategy of development of the automotive industry, aimed at achieving import substitution of products and technologies.
MOSCOW, 18 Jan. The President of Russia Vladimir Putin instructed the Cabinet of Ministers until March 1 to develop and approve strategy of development of automotive industry until 2025, with provision for measures to support the industry, said the Kremlin.
“To develop and approve strategy of development of the automotive industry and automotive component production for the period up to 2025, which is aimed at promoting import substitution of products and technologies”, — stated in the list of orders on the audit results of the effectiveness of measures to accelerate import substitution.
In addition, Putin instructed the government to submit proposals on state support of automakers depending on the level of localization of their products, as well as to ensure registration in the Russian Federation the rights to results scientifically-technical activity.