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
The visit of the Slovenian delegation is arranged by the SPIRIT Slovenia - Public Agency for Entrepreneurship, Internationalization, Foreign Investments and Technology with an active support of Vologda’s Department of Economic Development and the Vologda Region Development Corporation.
The visit of the Slovenian delegation is arranged by the SPIRIT Slovenia - Public Agency for Entrepreneurship, Internationalization, Foreign Investments and Technology with an active support of Vologda’s Department of Economic Development and the Vologda Region Development Corporation.
11th St. Petersburg Partneriat for small and medium business was held on March 14-16 at Expoforum Convention and Exhibition Centre, St. Petersburg, Russia.
The 11th St. Petersburg Partneriat for small and medium business began its work on March 14 at Expoforum Convention and Exhibition Centre, St. Petersburg, Russia.
Intertkan Exhibition was a 3 day event held at the Expocentre in Moscow, Russia.
Representatives of the Swiss Russian Centre for Economic Development led by Siegfried Sokolovsky, head of the Board of Directors, came to the Vologda Region on a one-day-duration visit.
Vologda-based company Protemol and representatives of the Latvian investment company signed a contract aimed to deliver dairy equipment to Uruguay at the sum of 500,000 Eur.
The exhibition is held at Crocus Expo Exhibition Centre on September 13 - 15, 2016, Moscow.
Representatives of the Finnish Association General Finland, PellonGroupOy, a Finnish manufacturer of milk and meat products, and AgriForest that covers the food industry and the production services and products of the wood-processing industry.
The Forum devoted to cooperation of Russian and Bulgarian small- and medium-sized business was held in Sofia, Bulgaria, on November 10-13, 2015. Over 30 Russian and Bulgarian companies attended the event in Sofia as part of the governments’ efforts to boost the export potential of Russian and Bulgarian small and medium-sized enterprises.