Political legal environment in 0071 -07 Gustavin Gregory

Political legal environment in 0071 -07 Gustavin Gregory Kapustina Olga Gotlib Mary

Political legal environment in • Pskov region is a federal subject of Russia located in the west of the country. Its administrative center is the city of Pskov. As of the 2010 Census, its population was 673, 423 Governors 2005 -2009 Mikhail Varfolomeyevich Kuznetsov, governor, elected; 2009 Andrey Anatolyevich Turchak, governor, appointed.

Political legal environment in Administrative divisions Main article: Administrative divisions of Pskov Oblast The oblast is administratively divided into two cities and towns under the oblast jurisdiction (Pskov and Velikiye Luki) and twenty-four districts. Another twelve towns have the status of the towns of district significance. Restricted access The areas close to Estonian-Russian and Latvian-Russian border are included into the border security zone, intended to protect the borders of Russian Federation from unwanted activity. None of towns or urban-type settlements is currently included in the border security zone. In order to visit the zone, a permit issued by the local FSB department is required.

Political legal environment in • • • Economy Industry Enterprises of electrotechnical industry and food industry in 2011 jointly produced over 50% of the industrial output of the oblast. The two cities with the biggest concentration of industrial enterprises are Pskov and Velikiye Luki. Agriculture The main specializations of agriculture in Pskov Oblast are cattle breeding with milk and meat production. • • Transportation The railway connecting Bologoye and Pskov via Dno and Porkhov crosses the district from east to west. • In the south, the railway connecting Moscow with Riga crosses the oblast from east to west, passing through Velikiye Luki, Novosokolniki, and Sebezh. Another railway, running in the east of the oblast in the north-south direction, connects Saint Petersburg via Dno and Novosokolniki with Nevel. • The oblast is served by airports in Pskov and Velikiye Luki. Pskov Airport (Kresty) serves regular flights to Moscow Domodedovo and Saint Petersburg Pulkovo. These flights are operated by Pskovavia, a local airline.

Political legal environment in • Political legal environment in Pskov region Business organizations in Pskov Oblast are interested in an economic co-operation across the border with Estonia and Latvia.

Political legal environment in • Since the Pskov region is mostly rural, there are examples of cooperation of Pskov agricultural companies with Estonian agricultural companies. • The agricultural firm “Pobeda” that grows cucumbers sells 30% of its yield to Tartu; • Ostrov dairy exports milk from Estonian Võru Cheese Company; • Russian small companies from the border area with Estonia actively participate in an annual South Estonian Business Fair in Vastseliina. Thanks to the fair, Pskov companies find co-operation contacts with Estonian partners.

Political legal environment in • In the current structure of foreign investments into the economy of Pskov Oblast joint enterprises present enterprises 70% of all investments done in the region, foreign 8%, and regional offices of foreign companies 22%. 70% 22% 800%

Political legal environment in Administration of the Pskov region developed a «Сoncept of socio-economic development of the Pskov region up to 2020» • The objective of the concept - the diversification of the regional economy, the development opportunities of the Pskov region, which today underutilized. Key points of growth: • development of agriculture, • preservation of historical and cultural legacy, • development of tourism and tourism infrastructure, • development of transport and logistics industry.

Political legal environment in • Creation of logistics enterprises related to transit transport corridors passing through the Pskov region, the improvement of transport and border infrastructure will allow the best use of the potential of the region through which today is almost a third of nationwide traffic, focused on EU countries. • Cross-border provision of the Pskov region is one of the essential factors, which provides great opportunities for implementation of joint projects and establishment of joint ventures in the above-mentioned priority sectors.

Political legal environment in • One of the main mechanisms to support investors in the Pskov region is the provision of tax incentives. • The potential for investment in the Pskov region is very wide. The priorities are: wood processing, construction and construction materials, food processing, light industry, processing of peat, agriculture, infrastructure, tourism and others.

Political legal environment in • For industrial production and logistics enterprises near Pskov has an industrial park • Industrial Park "Moglino" in 2012 received the status of a special economic zone (SEZ), according to the ruling. RF Government № 729 of 19 July 2012.

Political legal environment in • In 2014, foreign investment in the region's economy came from 10 countries: Belarus, Denmark, Cyprus, Latvia, Norway, the USA, Turkey, Ukraine, Sweden and Estonia. In the Pskov region it operates nearly 200 companies with foreign capital. Among the leaders in the creation of joint ventures in the area of the Republic of Latvia - more than 140 companies, in second place Estonia - more than 40 companies.

Political legal environment in • By using state support measures have already been implemented and continue to be implemented such large investment projects with foreign capital as: • Construction company "Tann Papier Gmb. H" (Austria) in the Pskov factory for production of paper components for the tobacco industry of "Танн Невский"; • Project Group "TETRA Electric" for the modernization of heating systems area; • the project of "Dula RU" (Germany) to expand a furniture factory in Pskov;

Political legal environment in • Inexhaustible potential for investment in the development of tourism infrastructure and tourism. • List of architectural, historical and cultural monuments of Pskov region is huge.

Political legal environment in • The offical website of the Pskov Oblast Administration states: "The Oblast has an extensive resource for developing international tourism, revenues from which can be comparable with revenues from industrial development. " The Pskov Oblast Duma, proposed by the Committee, adopted a law on tourism development. The Committee on Foreign Relations and Tourism conducts intensive work on attracting tourists into the region. It supported the establishment of a tourist information website (www. tourism. pskov. ru) in Russian and English language.

Political legal environment in • Pskov region today - is the region offers unique opportunities for joint projects. • The potential for business development - is inexhaustible!