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RF GP and Minskostokzvitiya will create a working group to protect the rights of investors in the Far Eastern Federal District - EastRussia | Far East

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RF GP and Minskostokzvitiya will create a working group to protect the rights of investors in the Far Eastern Federal District

The decision to set up a working group of the Prosecutor General's Office and the Ministry of Regional Development for the protection of investors' rights in the Far Eastern Federal District was made at a joint board of these departments on Thursday in Khabarovsk. This was reported to journalists by Prosecutor General Yury Chaika.

“Investor issues are really solved as quickly as possible. Today, a lot of positive constructive suggestions were made to improve our teamwork. It was decided to create a joint working group that will monitor all these issues online and take appropriate decisions, ”he said.

During the meeting, Deputy Prime Minister - Plenipotentiary of the President in the Far Eastern Federal District, Yury Trutnev, said that investors called pressure from the supervisory authorities the main barrier in carrying out their activities. In the Far East alone, over the past two and a half years, more than 130 thousand inspections have been carried out against entrepreneurs. “Let's answer the question - is the number of checks needed? Let's see: how long does the control and test procedures take and what do they lead to? In a message to the Federal Assembly, Russian President Vladimir Putin noted that a whole army of controllers still prevents business from working, ”the deputy prime minister said. In his opinion, the timing of control and supervisory measures should be strictly limited, and unscheduled inspections should be no more than 30% of the number of planned. At the same time, control and supervisory bodies should be held responsible if as a result of the inspection no violations were revealed, stressed Yuri Trutnev and declared his readiness to take the appropriate initiative in the government of the Russian Federation.

Alexander Galushka, head of the Ministry for the Development of the Interior, noted in his report that the excessive efforts of the regulatory authorities had a direct impact on the investment climate in the regions. In 2017, only the Khabarovsk Territory entered the first half of the ranking, taking 40 in it.

Prosecutor General Yury Chaika instructed the Directorate General for Supervision of the Implementation of Federal Legislation, together with the Ministry of Eastern Development, to analyze the state of law in the field of investor protection. Until August, conclusions are expected to be sent to the President of the Russian Federation and the Head of the Government of the Russian Federation. He called for particular attention to be paid to the state of law in protecting the rights of foreign investors.