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Russian Federation Government approves draft law on estimating cost of ship construction

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Cost estimation is foreseen at the phase of designing for ships which are to be financed by the budget resources

The Government of the Russian Federation has approved the draft law “On introduction of amendments into the Federal Law “On industrial policy of the Russian Federation”. According to the Government’s statement, the bill is aimed at regulation of setting estimated cost of ship construction at the phase of designing ships which are to be financed by the budget resources.

The draft law will be submitted to the State Duma through the established procedure.

Cost estimation is foreseen at the phase of designing for ships which are to be financed by the budget resources

The Government of the Russian Federation has approved the draft law “On introduction of amendments into the Federal Law “On industrial policy of the Russian Federation”. According to the Government’s statement, the bill is aimed at regulation of setting estimated cost of ship construction at the phase of designing ships which are to be financed by the budget resources.

The draft law will be submitted to the State Duma through the established procedure.

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