Russia Establishes Vladivostok as Free Port

Russia Establishes Vladivostok as Free Port

Russian president Vladimir Putin has signed a law regulating relations arising from the establishment and operation of the Vladivostok free port.

As defined by the Russian law, the Vladivostok free port is a part of Primorye Territory covered by state measures to support business activity to attract investment in developing transport infrastructure.

The law aims to open and develop production facilities manufacturing competitive goods for the Asia-Pacific region markets, and speed up socio-economic development, and raise the living standards of the Far East residents.

Under the law, the free port is being established for a time-period of 70 years.

The law contemplates possible extension of this time-period as well as early termination of state support measures for business in the free port territory.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

Electric & Hybrid Marine World Expo Conference 2019

Electric & Hybrid Marine World Expo Conference is the world’s only international conference…

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >