I would like to draw the attention of potential and existing investors to two important mechanisms being introduced. First of all, these are corporate programmes, Government Decree No. 195, opportunity to access discounted credit tools with a subsidized interest rate for the companies that are ready to make a technology-savvy competitive and export-oriented product. This mechanism is already effective, and now the projects are going through the first round of selection for it. The second mechanism is SPIC 2.0. All decisions about it have been made. Let me remind you that the main requirement is the following: it is either a deed of transfer or creation of a new technology or making a high-tech product. In this case, we can be eligible for the measures stated: a possibility of zeroing profit tax or property tax or transport tax. While unlike SPIC 1.0, the special investment contract must be approved and signed by four parties: the ministry, the region, the municipality and the investor — Viktor Evtukhov, State Secretary and Deputy Minister of Industry and Trade of the Russian Federation.
At the end of the last session, we adopted a law that zeroed the personal property tax, and we hope that production will be developing at a high pace. At the end of the spring session, we adopted the federal law on the industrial policy of the Russian Federation in terms of regulating special investment contracts that stimulate the development of the industry — Andrey Kutepov, Chairman of the Federation Council of the Federal Assembly of the Russian Federation on Economic Policy .
Over the last year, the law on protecting investment and capital has stirred a lot of discussion. It is fairly simple: the whole regulatory environment for investment is fixed for up to 20 years depending on its size. No changes to taxes, import or export duties, and sometimes tariffs — Grigory Berezkin, Chairman of the Board of Directors, ESN Group .