Import Substitution: Russian Industry’s Investment Preferences

Sergey Tsukhlo – Head of Business Surveys Department of the Gaidar Institute, Candidate of Economic Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Some new features have been added to Russia’s import substitution policy. Minpromtorg (Russia’s Ministry of Industry and Trade) in April compiled a comprehensive list of foreign-made machinery, equipment and materials which state-owned companies will not be permitted (from 1st of July) to purchase abroad without consent of the governmental import substitution commission.

Key words: Russian industry, import substitution, investment preferences, RF Minpromtorg.