Ministry of Economic Development, Industry and Trade
Overview
Ministry of Economic Development, Industry and Trade of the Vologda Oblast works in accordance with the Clause of the Ministry of Economic Development, Industry and Trade. The Ministry of Economic Development, Industry and Trade is the main local government body responsible for carrying out the investment policy, foreign economic activity, trade and economic relations. It is responsible for co-coordinating the activities of federal and regional executive bodies in relation to foreign investment, domestic and international trade, preparing concession agreements and production-sharing agreements, infrastructure development.
The Ministry of Economic Development, Industry and Trade develops and maintains foreign economic relations for the Vologda Oblast fostering partnerships that increase global visibility, cultural understanding and economic growth.
Within its competence, the Ministry performs the following functions:
- investment activity development;
- scientific and innovative activity development;
- Vologda’s trade and economic relations, as well as economic integration with the Russian regions and foreign states;
- control for liquor market of the Vologda Oblast;
- control for observance of normative and legal documents;
- assistance to enterprises and companies of the Vologda Oblast aiming to participate in international exhibitions, fairs, presentations and any other activities;
- preparation of agreements, contracts, memorandums, minutes of deliberations about foreign economic relations;
- organization of events aiming to attracting foreign investment;
- development of export capacity and provision of wide integration of the region's economy into the national and world economy;
- provision of small- and medium-sized business of the Vologda Region;
- modernization and technological renewal of key industries, localization of production, introduction of modern resource saving techniques;
- coordination in development of investment programs;
- development of the proposals for stimulation of export potential development, optimizing foreign trade and payment balances, carrying out preparation of forecasts for the export of goods (works and services).
News
From October 29 to 31, St. Petersburg is hosting Russian Industrialist International Forum and Exhibition, a federal platform that brings together the leaders of companies, enterprises and societies of key industries and business to interact with the state, technology companies, scientific organizations, small and medium businesses and foreign partners.
The commission of the All-Russian Exporter of the Year Award summed up the results among the participants from the North-Western Federal District. Thirty six companies and individual entrepreneurs became the winners. They achieved significant success in exporting non-primary non-energy goods and services in 2024. Among them are organizations of the Vologda Region.
A delegation from the Vologda Region was led by Chairman of the Vologda Region Government Alexander Mordvinov. The delegation also included representatives of the Department of Economic Development, the Department of Foreign Economic Relations, International and Interregional Cooperation and the Export Support Centre of the region.












