Import substitution in Russia: why go to the Chinese
Russian manufacturers of electrical equipment are dissatisfied by the current legislation on import substitution. Representatives of the Kursk electrical equipment plant (KEAZ) asked the Vice-Prime Minister Yuri Borisov with a request to deal with the hole in the law where foreign equipment still comes through public procurement, despite the availability of domestic counterparts. If the problem is not solved and the entire market will take foreigners, thousands of Russians will lose their jobs. The Ministry is developing a draft act prohibiting the purchase of imported electronics.
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