About Ministry

Full name: The Ministry of Economic Development of the Russian Federation
Superior governing body: The Government of the Russian Federation

The Ministry of Economic Development of the Russian Federation (Economy Ministry of Russia) is the federal executive body responsible for developing state policy and providing regulation in the sphere of analysis and forecasting of socioeconomic and business development, including medium-sized and small businesses, foreign economic activity (except for foreign trade), property relations, insolvency (bankruptcy) and financial recovery, evaluation activities, land-related transactions (except for agricultural lands), the State Register of Real Estate, state cadastral record-keeping and cadastral activity, state cadastral valuation of land, state monitoring of land (except for agricultural lands), state registration of rights to real estate, geodesy and cartography, state statistical activities, investment activities and state investment, development of interstate and federal target programs (long-term target programs), departmental target programs, development and implementation of programs for Russia’s socioeconomic development, creation and maintenance of special economic areas in the Russian Federation, management of state material reserves, placement of orders for the delivery of goods, and the performance of work and services for state and municipal purposes.

 Functions:

  • To ensure performance of the Ministry’s functions on formulating the state policy and regulatory affairs on:
  • placing orders for delivery of goods, performance of works and provision of services to satisfy state and municipal needs;
  • forming the Common Economic Space (CES);
  • developing entrepreneurial activities, including medium and small enterprises;
  • To ensure:
  • coordination of processes on preparing the regulatory background and forming CES institutions, creating conditions for sustainable and efficient development of the CES member states’ economies;
  • introducing a process of negotiations with the member states on the issues of forming CES;
  • coordination of work on preparing integration measures intended to form CES;
  • monitoring and analyzing market conditions and competitive ability, including price formation, price competition, and working out proposals on developing competition on the national markets;
  • Ministry’s participation in formulating the state policy and preparing opinions on draft normative and other acts in the sphere of trade activity of the Russian Federation;
  • Ministry’s participation in formulating the state policy and preparing opinions on draft normative and other acts in the sphere of production and circulation of ethanol, alcoholic, alcohol-containing and tobacco products, disposing of trademarks of alcoholic and alcohol-containing products, as owned by the Russian Federation, and advertising;
  • maintaining the Russian Federation integrated official web-site to distribute information on placing orders to satisfy state and municipal needs;
  • analyzing order placement and state procurement status in the Russian Federation, Russian Federation subjects and procurement of municipal institutions;
  • preparing quarterly reports to the Russian Federation Government and annual holding GOSZAKAZ (government order) all-Russia forum exhibition;
  • forming a federal contractual system, including in the sphere of the government’s defence order;
  • coordination of federal executive bodies’ activities on securing favourable environment for small and medium business entities abroad;
  • Ministry’s participation in the State Boundary Commission’s work;
  • implementing the federal financial program of small and medium business support, and field and regional programs of small and medium business development.
  • Directly to coordinate and control work of the Department for Competition Development, Department of United Economic Space Formation, and Department of Small and Medium Business.

About us

The Trade Delegation of the Russian Federation in the United Kingdom as a governmental body is acting on the basis of the bilateral intergovernmental agreement and representing economic interests of Russia in this country.

The Trade Delegation is one of the organizers of the functioning and active provider of the solutions for the Russia-Britain Intergovernmental Steering Committee on Trade and Investment and its working groups on High-tech, Energy, Construction and Aviation/Aerospace. The Committee is considered to be one of the most effective forms of the support to business.

We provide:

  • Information on economic and social development in Russia and in the UK as well as on activities of the official bodies and companies of the two countries;
  • Consultations on the legislation in the field of investments and trade both in Russia and the UK including establishing representation offices and setting up branches of British companies in Russia, on implementation of joint projects in various industries;
  • Assistance in finding of potential partners for co-operation in various areas of activity (export/import of goods, services and investments).

If you are going to start or to extend business with Russia, please don’t hesitate to contact us promptly.

About the Russian Trade Delegation in the United Kingdom

rtd1000x527The Trade Delegation of the Russian Federation in the United Kingdom as a governmental body is acting on the basis of the bilateral intergovernmental agreement and representing economic interests of Russia in this country.

The Trade Delegation is one of the organizers of the functioning and active provider of the solutions for the Russia-Britain Intergovernmental Steering Committee on Trade and Investment and its working groups on High-tech, Energy, Construction and Aviation/Aerospace. The Committee is considered to be one of the most effective forms of the support to business.

We provide:

  • Information on economic and social development in Russia and in the UK as well as on activities of the official bodies and companies of the two countries;
  • Consultations on the legislation in the field of investments and trade both in Russia and the UK including establishing representation offices and setting up branches of British companies in Russia, on implementation of joint projects in various industries;
  • Assistance in finding of potential partners for co-operation in various areas of activity (export/import of goods, services and investments).

If you are going to start or to extend business with Russia, please don’t hesitate to contact us promptly.