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MIL OSI Translation. Region: Russian Federation –

Various aspects of interaction between the Government and the Federation Council during the legislative process were discussed.

Mikhail Mishustin’s meeting with members of the Council of the Chamber of the Federal Assembly’s Federation Council

Mikhail Mishustin’s opening remarks:

Year afternoon, Ms Matvienko (addressing Valentina Matvienko), frends.

Meetings between the Government and the Federation Council leaders are not just a good tradition but also evidence of the efficient working relations that have taken shape between them. I think we are cooperating with great success in many diverse venues. My deputies and the spokespeople for our ministries and departments take part in the chamber meetings and in the conferences of committees and interdepartmental groups. The ministerial state secretaries that oversee the updating of legislation work closely with the Federation Council. It is also vital for us to have feedback during government hours. After every meeting, we instruct the ministries on specific tasks with due account of the proposals made by the senators.

Naturally, we have established a productive cooperation format. We met a year ago in almost the same lineup as today, and discussed a broad range of issues.

Following the meeting, we assigned the related instructions. Deputy Prime Minister and Chief of the Government Staff Dmitry Grigorenko established special control over implementing them. There were over 20 instructions and practically all of them have been carried out. I know, work is still underway on two of them, but this is all in line with our agreements.

During the last meeting you emphasized the need to expedite the coordination of draft laws and the adoption of delegated legislation. We adjusted the necessary procedures, which enabled us to review them more quickly and adopt regulations that are needed for the timely entry of laws into force. In turn, the Federation Council gave us competent support in this process, in part, for the adoption of necessary laws.

I would also like to say a few words about the important decisions that have been made recently. First, I would like to thank you for your consistent support and cooperation in the work on the national plan, including the proposals from the senators. We hope the Federation Council members will monitor the fulfillment of the plan’s provisions and the measures taken in the regions. We are ready to use mechanism of parliamentary control as well as our authority and take prompt decisions on the spot, if need be.

Mikhail Mishustin’s meeting with members of the Council of the Chamber of the Federal Assembly’s Federation Council

Entrepreneurs, deputies and your colleagues, the senators, praised the plan’s FOT 2.0 easy loan program. It encouraged businesses from affected industries to maintain employment levels and became one of the best support measures for small and medium companies.

The program is nearing completion, but a number of industries have not yet recovered to pre-crises levels. I am referring to the catering industry, sports and entertainment, the tourist business and some others. All of them still need some state support.

Today, with the representatives of the regions of the Russian Federation, I would like to announce a very important decision: we have new measures for supporting businesses in the hardest-hit industries, which was earlier covered by the FOT 2.0 program.

I reported to the President of the Russian Federation a new approach before our meeting, including the proposals made by the senators. The President approved the launch of FOT 3.0, a new annual program. The terms of the program will be changed a bit. Now the interest on an easy loan will be 3 rather than 2 percent. This is a small increase considering that the economy is gradually recovering. Companies will receive new growth opportunities. During the first six months, businesses will not pay the principle and interest on the loan. They will do so only in the second half of the year by paying equal monthly installments.

More to be posted soon …

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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