Prime Minister Mikhail Mishustin has stated that the legal framework and a set of incentives for creating a unified preferential regime for the Far East and the Arctic should be developed jointly with regional structures.

“The creation of priority development areas has provided a powerful boost for private initiative in the Far Eastern Federal District. This tool, as the head of state emphasized, has proven its effectiveness, helping launch new enterprises and supporting them through the early stages of production. Taking into account an accumulated experience, it is now necessary to introduce a unified preferential regime for businesses across the entire Far East and the Arctic, so that entrepreneurs in any city or settlement have equal access to benefits. Let me remind you: this regime is to come into effect from 2027,” he pointed out.

The Prime Minister instructed Deputy Prime Minister - Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yury Trutnev to oversee the preparation of the regulatory framework and to determine the set of preferences for the areas’ residents, including their exact parameters, timelines, and industry focus.

“As for the international advanced development territories, this mechanism will come into effect on 1 January 2026. It is essential to ensure its smooth implementation,” Mikhail Mishustin said in conclusion.