The Ministry of Industry and Trade of the Russian Federation (Minpromtorg, MITRF, russian: links=no, Министерство промышленности и торговли Российской Федерации) is an executive
ministry
Ministry may refer to:
Government
* Ministry (collective executive), the complete body of government ministers under the leadership of a prime minister
* Ministry (government department), a department of a government
Religion
* Christian ...
of
Government of Russia
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 ...
. Its headquarters are in
Moscow
Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million ...
.
Functions and responsibilities
The ministry regulates foreign trade, defense and civil industries, metrology, technical standardization, and aviation technology development. It is a federal executive body.
MITRF is responsible for
subsidizing
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the ter ...
subcontractors to acquire products for government via investment contracts (special investments contracts)
and may also forcibly regulate prices (e.g. for steel industry).
MITRF is responsible for contracts involving
R&D activities at the expense of government budget.
As of 2013 the results of research may be transferred to a subcontractor ownership upon fulfilling (completion) of a contract.
History
MITRF is a successor to the
Soviet Union State Planning Committee (Gosplan).
See also
*
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 ...
*
Government of Russia
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 ...
*
Ministry of Energy (Russia)
The Ministry of Energy of the Russian Federation is, since 2008, the Russian federal ministry responsible for energy policy.
This ministry was created in May 2008 as part of a reorganization by the incoming government of President Dmitry Medved ...
References
External links
Official website Official website
Federal ministries of Russia
Ministries established in 2008
2008 establishments in Russia
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