‘United Russia’ Proposed Creating Special Economic Zone in Donbass

The ‘United Russia’ party proposed discussing the possibility of creating a Special Economic Zone in Donbass.  

Picture: RIA Novosti

“We propose to work out the possibility of creating a Special Economic Zone on the territory of Donbass, as well as to ensure the return of a certain share of capex during the construction of production facilities,” Secretary of the General Council of the ‘United Russia’ party, Andrei Turchak, said on May 26, 2022.

According to him, the party intends to assign responsible deputies of the State Duma and senators to each territory of Donbass, who will deal with the harmonization of legislation.

In addition, Turchak proposed to form a nomenclature of goods produced in the Lugansk and Donetsk People’s Republics, which will include everything that is in demand for the restoration of infrastructure, domestic consumption, and what can be supplied to the Russian market.

“It is necessary to simplify the certification of such goods as much as possible. Exempt them from VAT and customs duties,” he said.

Turchak also proposed to provide measures for the development of the banking network, launch special lending programs for entrepreneurs of Donbass, and create the possibility of transferring payments without commissions through any banks and the Fast Payment System.

“Unique opportunities have opened up for Russian entrepreneurs to develop a new market. It is necessary to give tax incentives to enterprises that open their branches in the LDPR [Lugansk and Donetsk People’s Republics]. Provided, of course, that they create jobs for residents of Donbass and pay them a salary of at least two minimum wages,” the secretary of the General Council said.

In addition, he proposed to simplify the verification procedures at the border with the two republics and expand its capacity.

“It is also necessary to organize transshipment hubs in Rostov, Crimea and other border regions. And to help with the delivery of goods to the self-employed and small entrepreneurs from the LDPR,” the secretary of the General Council of the party believes.

Ru-Main, 26.05.2022
Source: Interfax 

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