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Mass media / Periodicals

Protectionism has moved from the defensive to the offensive // Ideas quota of purchases of Russian products returned to the White house

The Newspaper "Kommersant". The main thing 03.02.2020 at 22:33

Daily illustrated national business newspaper

The extension of the powers of the industrial Deputy Prime Minister Yuri Borisov in the new government caused a return of protectionist ideas in the regulation of procurement of state and his companies. Proposed by the Ministry of Finance and FAS initiatives to support import substitution in the office of the Vice-Prime Minister is considered to be insufficient and insists on the adoption support until the change of government projects of Ministry of industry and trade and the defence lobby on quotas of purchases from Russian companies. Such projects have already been sent to the Ministry of Finance, the FAS and the Ministry of economy and involve the introduction of a minimum quota for purchases of Russian products. However, Treasury data indicate that measures of import substitution should be more targeted — the General rule in various industries due to their differences either impossible or already done.