The Ministry of Economic Development of the Russian Federation (russian: Министерство экономического развития Российской Федерации) is a federal ministry in the
Russian Government
The Government of Russia exercises executive power in the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. It has its legal basis in the Constitution of the Russia ...
. The ministry is responsible for regulating and forming policies related to socioeconomic and business development in Russia.
History
Andrei Nechayev
Andrey Alekseyevich Nechayev (russian: Андрей Алексеевич Нечаев; born February 2, 1953, Moscow) is a Russian politician, scientist and economist. He is best known for being the first Minister of Economic Development of new ...
was the first minister in 1992. He was fired in 1993.
Andrei Shapovalyants
Andrei, Andrey or Andrej (in Cyrillic script: Андрэй , Андрей or Андреј) is a form of Andreas/ Ἀνδρέας in Slavic languages and Romanian. People with the name include:
*Andrei of Polotsk (–1399), Lithuanian nobleman
*An ...
replaced him.
The Ministry has evolved in function and title over the years. In 1997, what was then known as the Ministry of Economy absorbed the Ministry of Defense, whose functions it carried solo until 1999, when the work of the Ministry of Defense was divided among five agencies.
In 2000, at which point the agency was reconstituted as the Ministry of Economic Development and Trade,
Herman Gref
Hermann Gräf (russian: Герман Оскарович Греф, translit=German Oskarovich Gref, born February 8, 1964), better known as Herman Gref, is a Russian politician and businessman. He was the Minister of Economics and Trade of Russi ...
was appointed to the role of minister, a title he held until 2007. Gref was succeeded by
in September of that year, and Nabiullina continued in that role until May 2012. During her term, in 2008, the Ministry of Economic Development and Trade transferred its responsibilities for developing policies around and overseeing regulation of trade to the new
Ministry of Trade and Industry A Ministry of Trade and Industry, Ministry of Commerce, Ministry of Commerce and Industry or variations is a ministry that is concerned with a nation's trade, industry and commerce.
Notable examples are:
List
*Algeria: Ministry of Industry and ...
and was accordingly retitled the Ministry of Economic Development. On 21 May 2012,
Andrey Belousov
Andrey Removich Belousov (russian: Андре́й Рэ́мович Белоу́сов; born 17 March 1959) is a Russian economist and politician, serving as First Deputy Prime Minister since 21 January 2020. Minister Yevgeny Yelin was appointed by President
Vladimir Putin
Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime min ...
in November 2016. His predecessor,
Alexey Ulyukaev
Alexey Valentinovich Ulyukaev ( rus, Алексе́й Валенти́нович Улюка́ев, , ɐlʲɪkˈsʲej vəlʲɪnʲˈtʲinəvʲɪtɕ ʊlʲʊˈka(j)ɪf; born 23 March 1956) is a Russian politician, scientist, and economist. Between 24 ...
Economic Development
In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and o ...