Realist: news and analytics

Русский / English / العربية

  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts
No Result
View All Result
Realist: news and analytics
  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts
No Result
View All Result
Realist: news and analytics

Fake import substitution is benefits with multimillion–dollar subsidies from the state

The figures from the annual reports of state-owned companies and corporations, which they cite as proof of import substitution, raise more questions than joy.

   
November 11, 2022, 21:48
Russia
Photo: club.dns-shop.ru

Photo: club.dns-shop.ru

MOSCOW (Realist English). The Government of the Russian Federation is fighting over the most important draft law, on which the survival and technological sovereignty of the country depends. We are witnessing a battle between a neoliberal tumor and supporters of a moderate Gosplan.

For the first time, attempts are made to turn the purchases of state-owned companies and corporations into a national channel. The draft amendments to 223-FZ were recently submitted for consideration by the State Duma Committee on Industry and Trade.

The fact is that now, within the framework of the 223 corporate procurement law, there is not a single regulatory act that would oblige the state joint-stock companies to purchase Russian equipment, machines, software, and use Russian technological processes. Even in the three largest state targeted projects, on which corporations earn superprofits at the expense of the state budget, the state has no legal right to demand the use of domestic products.

The bill attempts to introduce legally significant grounds for such requirements into the 223-FZ. And to tighten the procedure for state-owned companies to fulfill quotas for the purchase of industrial products of Russian origin. The size of such quotas and the list of products from last year is determined by the Government of the Russian Federation. However, quotas still remain voluntary for customers. There will be nothing for their non-fulfillment. No fines, no more serious disciplinary measures. Former Deputy Prime Minister Yuri Borisov did not have time to implement this part of the law (it was planned)

It follows from the text of the explanatory note that the existing mechanisms for supporting Russian manufacturers are ineffective: so, in order to fulfill obligations under “Russian” purchases, state-owned companies, in particular, use a price preference mechanism (it gives an advantage to domestic suppliers in comparison with applications from foreigners), and the origin of the goods is not confirmed, but only declared, which makes it possible to purchase imported goods under the guise of domestic and formally report on the fulfillment of quotas.

It is proposed to introduce into the law FZ-223 the obligation of the customer to conduct purchases based on their minimum share and the list of goods established by the government.

As of now, the initiative of the State Duma Committee on Industry has been approved by the Ministry of Justice and the Ministry of Industry and Trade. The Ministry of Finance is expected to oppose it. The FAS and the Ministry of Energy must respond by November 18.

The figures from the annual reports of state-owned companies and corporations, which they cite as proof of import substitution, raise more questions than joy. So, for example, last year an enchanting 83% was cited.

Since national quotas are voluntary anyway, what are the state monopolies so afraid of? How will they be held resposible for the Potemkin village?

Kommersant is scribbling telegrams saying that stricter rules can reduce the efficiency of corporations and even block production processes that will lose the supply of high-quality products. Anybody home!? What kind of blocks? So far, we are talking about not to lie about the implementation of national quotas in the first place. Do not pass off Chinese as Russian. From the truth, after all, the nobody’s conveyor will stop. Profanation of processes at all levels of management has already become a nationwide pathology.

The fact is that lying brings corporations not only smiles and PR success. Fake import substitution means benefits with multimillion–dollar subsidies from the state, and the opportunity to earn money in national projects. Therefore, someone wants to keep the system of parity silence and lies in its original convenient form.

Eastern EuropeRussiaRussia’s Business & FinanceRussia’s Economy
Previous Post

Israeli counterintelligence spies on journalists via phones

Next Post

The United States bereft the Russian Federation of the status of a country with a market economy

Related Posts

Lavrov says SCO “holding firm” amid global instability
Russia

Lavrov says SCO “holding firm” amid global instability

4 April, 2026
Putin meets election officials, stresses trust and stability
Russia

Putin meets election officials, stresses trust and stability

2 April, 2026
“Turn to the East” cannot replace Europe for Russia — expert
Russia

“Turn to the East” cannot replace Europe for Russia — expert

31 March, 2026
Ella Pamfilova reappointed for third term as Russia’s election chief
Russia

Ella Pamfilova reappointed for third term as Russia’s election chief

30 March, 2026
Ukraine negotiations stall as Middle East war reshapes agenda
Russia

Ukraine negotiations stall as Middle East war reshapes agenda

29 March, 2026
Traditional power transfer in Russia no longer viable, analyst says
Russia

Traditional power transfer in Russia no longer viable, analyst says

28 March, 2026
Most Popular
Most Popular
US aircraft losses mount as Iran claims downing of F-15E

US aircraft losses mount as Iran claims downing of F-15E

4 April, 2026

WASHINGTON (Realist English). U.S. forces are searching for a missing crew member after an F-15E Strike Eagle fighter jet went...

Lavrov says SCO “holding firm” amid global instability

Iran says it can sustain Hormuz disruption for years amid standoff with US

4 April, 2026

TEHRAN (Realist English). Iran could maintain the current disruption in the Strait of Hormuz for years, a senior Iranian security...

Microsoft unveils $10bn Japan AI plan, boosts local tech stocks

Trump fires Attorney General Pam Bondi, appoints Todd Blanche as interim chief

3 April, 2026

WASHINGTON (Realist English). US President Donald Trump has dismissed Attorney General Pam Bondi and appointed Deputy Attorney General Todd Blanche...

China pushes AI-driven power grid to boost energy security

Trump frames Iran war as support for regional partners

2 April, 2026

WASHINGTON (Realist English). U.S. President Donald Trump said the United States entered the war with Iran primarily to support its...

Opinion

Star Wars without fiction: how space became the next battlefield

Star Wars without fiction: how space became the next battlefield

27 January, 2026

MOSCOW (Realist English). “Star Wars” stopped being science fiction long ago. Unfortunately, over ten thousand years of civilisation, humanity has...

Armenian monastery Dadivank

Dadivank: The Legacy of Christ’s Apostles in Artsakh

17 December, 2025

YEREVAN (Realist English). In Artsakh, before the ethnic cleansing and forced deportation – simply put, genocide – carried out by...

An unusual phenomenon at the Church of the Holy Savior in Shushi

An unusual phenomenon at the Church of the Holy Savior in Shushi

3 November, 2025

YEREVAN (Realist English). In the distant year 1979, as a third-year university student, I used to visit the Church of...

War with Iran seen as inevitable, Armenia warned of looming regional storm

War with Iran seen as inevitable, Armenia warned of looming regional storm

21 September, 2025

YEREVAN (Realist English). The war with Iran is drawing ever closer. And once again, this pulls Armenia into a zone...

All rights reserved.

© 2017-2026

  • About Us
  • Mission and Values
  • Contact Us
  • Privacy Policy

Follow Realist English

No Result
View All Result
  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts

Русский / English / العربية