Proposed amendments to the law on federal contractual system offer long-term contracts in exchange for localization of manufacturing sites in Russia
The Ministry for Economic Development together with the Ministry of Finance and the Ministry of Industry and Trade developed a mechanism of seven-year contracts based on agreements with companies to localize manufacturing in Russia. These contracts will allow direct procurement from a single supplier without an auction. These measures will support local manufacturers and encourage foreign companies to localize production in Russia. The government is reviewing the document at this time.
Source: Pharmvestnik