Putin Bars Excessive Business Oversight
Moscow, 3 September. President of the Russian Federation Vladimir Putin called for removing bureaucratic barriers for business and preventing excessive control and 'tightening of screws'.
Consensus
- President Vladimir Putin addressed the Eastern Economic Forum in Vladivostok on September 3.
- Putin called for the removal of bureaucratic barriers for businesses.
- Putin warned against excessive control and oversight, describing it as 'tightening the screws'.
- Putin stated that introducing tax and customs incentives while simultaneously increasing inspections is counterproductive.
- Putin emphasized the need to reduce administrative burden on businesses, especially in the Far East and Arctic regions.
- Putin highlighted that tax and customs benefits, along with infrastructure support, are not sufficient on their own to stimulate business activity.
Points of divergence
- Putin previously called for stronger protection of entrepreneurs' rights during a meeting with the General Prosecutor's Office in March, and Prime Minister Mikhail Mishustin instructed Rostekhnadzor to reduce administrative burden on compliant companies. — kommersant
- Putin mentioned several new measures for the development of the Far East and Arctic regions. — fontanka
Coverage (3 sources)
- Putin demanded not to allow 'tightening of screws' for business — Коммерсантъ
- Putin called not to allow 'tightening of screws' for business — Вести
- «It is pointless to tighten screws». Putin — on supporting business — Фонтанка