One of the new measures of state support for investment activities is an agreement on the protection and promotion of capital investments
One of the new measures of state support for investment activity is an agreement on the protection and promotion of capital investments.
In connection with the adoption of the Federal Law of June 28, 2022 No. 226-FZ "On Amendments to the Federal Law "On the Protection and Promotion of Investments in the Russian Federation" by the Resolution of the Government of the Republic of Mari El of September 22, 2022 No. 406 changes have been made to the following regulatory legal acts of the Republic of Mari El:
Decree of the Government of the Republic of Mari El dated May 26, 2021 No. 204 “On approval of the Procedure for providing subsidies from the republican budget of the Republic of Mari El to legal entities (with the exception of state (municipal) institutions, state (municipal) enterprises) to reimburse the costs of creation ( construction), modernization and (or) reconstruction of the supporting and (or) related infrastructure necessary for the implementation of the investment project, in respect of which an agreement has been concluded on the protection and promotion of investments, as well as the costs of paying interest on loans and borrowings, coupon payments
on bonded loans attracted for the specified purposes, and determining the amount of reimbursement of the specified costs”;
Decree of the Government of the Republic of Mari El dated August 21, 2021 No. 329 “On approval of the Procedure for concluding, amending and terminating agreements on the protection and promotion of investments, to which the Russian Federation is not a party, on the territory of the Republic of Mari El.
Decree of the Government of the Russian Federation dated September 13, 2022 No. 1602 “On Agreements for the Protection and Promotion of Investments” approved new Rules for concluding SZPK.
In accordance with the above resolution, the Government of the Russian Federation instructed the supreme executive bodies of the constituent entities of the Russian Federation to develop and approve the procedure for monitoring in accordance with the general requirements for the procedure for monitoring the implementation of the terms of the agreement on the protection and promotion of investments, the procedure for evaluating the investment project in respect of which it is planned to conclude agreements on the protection and promotion of investments, for the effective use of the funds of the corresponding budget of the budgetary system of the Russian Federation, as well as to amend the Procedure for concluding, amending and terminating the SZPK in accordance with the new Rules.
The Ministry of Economic Development of the Republic of Mari El has started the formation of draft regulatory legal acts.