Investment council

In compliance with the Performance Standard of executive bodies of the constituent entity of the Russian Federation aimed at establishing the favorable investment climate in the region, the Board for Improvement of the Investment Climate shall operate on a regular basis in the constituent entity of the Russian Federation. The Board is a public advisory coordinating body. The name of the Board is determined by the constituent entity of the Russian Federation.

About the Board and Its Composition
Meeting History

The Board for Improvement of Investment Climate in Chukotka Autonomous Region (hereinafter – the Board) was established by the Decree of the Governor of Chukotka Autonomous Region No. 63 of August 12, 2014.

In order to implement the provisions of the Competition Development Standard in the constituent entities of the Russian Federation approved by the Regulation of the Russian Government No. 1738-r of September 5, 2015, the Board was renamed as the Board for Improvement of the Investment Climate and Competition Development in Chukotka Autonomous Region by the Decree of the Governor of Chukotka Autonomous Region No. 91 of October 20, 2015. download

The Board has the following main tasks:

1) developing recommendations for organization of interaction between the executive bodies of Chukotka Autonomous Region and persons involved in the investment process;
2) developing recommendations for reduction of the administrative barriers (including, in terms of reducing the time periods and simplifying the procedure for issuing permits);
3) developing proposals for priority development areas of Chukotka Autonomous Region and coordinating financial and investment resources in the most significant areas;
4) considering the draft Investment Strategy of Chukotka Autonomous Region, analyzing the Investment Strategy implementation progress and results, preparing and considering the proposals for its adjustment;
5) developing recommendations for state support of investment processes and promotion of the investment activity on the territory of Chukotka Autonomous Region;
6) developing unified requirements to the main criteria of capital investment projects supported at the expense of the regional budget;
7) approving the draft Plan for creation of investment facilities and required transport, energy, social and other infrastructure facilities in Chukotka Autonomous Region;
8) considering the implementation results of the capital investment projects, including failed and unsuccessful projects, analyzing the reasons for failure;
9) considering regular reports of the body authorized to conduct the regulatory impact assessment;
10) evaluating the competitive environment in the Chukotka Autonomous Region, identifying and analyzing the competition restriction problems in the economic activities in Chukotka Autonomous Region;
11) preparing proposals and recommendations for the executive bodies of Chukotka Autonomous Region and local self-government bodies of Chukotka Autonomous Region on development of a competitive environment in Chukotka Autonomous Region, with consideration of the best regional practices;
12) coordinating the interests of the executive bodies of Chukotka Autonomous Region and local self-government bodies of Chukotka Autonomous Region, business entities, public, scientific and other organizations when making decisions on competition development on the territory of Chukotka Autonomous Region;
13) arranging consultative and methodological support of works related to introduction of the Standard on the territory of Chukotka Autonomous Region;
14) considering and approving the draft list of priority and socially significant markets (with justification of their selection) to promote competition in Chukotka Autonomous Region and preparing recommendations for its adjustment;
15) considering and approving the draft action plan ("road map") for implementation of the Standard on the territory of Chukotka Autonomous Region;
16) discussing the progress of the action plan ("road map") for implementation of the Standard on the territory of Chukotka Autonomous Region, developing proposals for its adjustment;
17) analyzing and considering the results of monitoring the state and development of the competitive environment in the markets of goods and services of Chukotka Autonomous Region;
18) considering draft regulations of Chukotka Autonomous Region, other documents affecting development of competition in Chukotka Autonomous Region, with regards to their possible impact on the state and development of competition in Chukotka Autonomous Region;
19) considering and approving the annual report on the state and development of the competitive environment in the markets of goods and services of Chukotka Autonomous Region;
20) preparing proposals on other issues stipulated by the Standard.

Board composition download

 

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