Far East Plan Approved by Cabinet Despite Silunovs Opposition

The Moscow Times
Thursday 21st March, 2013

Dmitry Medvedev said the government would later this month formally ask the parliament to slash taxes for new business projects in the region. Plans to develop the remote and sparsely populated region have gained a new urgency recently as a way to gain greater access to Asian markets, which have been more resilient to the global economic slowdown. The state program for the Far East calls for spending 3.8 trillion rubles in federal money from next year till 2025 to expand the Trans-Siberian Railroad and build highways, schools and hospitals, among other things. It won the Cabinet’s approval d…

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