Proposed Legislative Changes Concerning SPIC

| AMENDMENTS TO THE FEDERAL LAW "ON INDUSTRIAL POLICY" (3) SPIC is concluded by the decision of the President of the Russian Federation No application on intent to take part in the open tender is submitted as a result of public hearing of the project [30 calendar days) COMPETITIVE TENDER IS NOT HELD, IF: Project initiated by the Investor belongs to military, special or double-purpose production technology Application from only 1 Investor is submitted for the tender 6

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