A government session will assess proposed legislation to establish a free economic zone in the newly incorporated regions. In his address to the State Duma, Prime Minister Mikhail Mishustin signaled that the bill would be reviewed at the upcoming meeting and urged MPs to back the plan. The aim is to accelerate the region’s economic integration by creating incentives and streamlined rules that attract investment and support business growth.
The plan envisions modernizing local industries and restarting economic activity in the DPR, LPR, Zaporozhye, and Kherson areas. Officials believe that targeted government measures, including tax incentives and administrative simplifications, can help overcome existing obstacles and foster a stable path to development. These measures are intended to bolster enterprise modernization and drive job creation across the zones.
Reports indicate that a draft law prepared by the Ministry of Construction outlines the establishment of free economic zones within these regions. The document argues that adopting the bill would promote sustainable socio-economic development for new settlements and provide a framework for long-term investment. The goal is to have SEZs operating in these regions by the end of 2050, positioning the zones as catalysts for regional growth and resilience. [citation: government planning documents]