Tag #Gov Regulation

What specific measures were discussed to improve the operational efficiency and financial stability of Russian defense industry enterprises?

On November 29th, 2023, a State Council meeting in Tula, Russia, focused on improving the efficiency of defense industry enterprises (OПК). Key discussion points included streamlining regulations and adjusting pricing and banking mechanisms for government defense contracts to reduce financial burdens on companies. A goal of 50% civilian production by 2030 was reaffirmed.