19 Mar 2015 13:34

Government to create import substitution coordinating council, chaired by Medvedev

MOSCOW. March 19 (Interfax) - Prime Minister Dmitry Medvedev will chair the import substitution coordinating council that the government is forming.

"We have decided to create a special coordinating body to implement state policy in import substitution area. I will engage in this myself," Medvedev said at a government session on Thursday.

The new body's policy statement and makeup will be approved in the near future, Medvedev said.

"I can say right now that among other things, it will engage in selecting investment projects, for inclusion on the special register of the most important ones. All those included on the list will receive budget financing," he said.