Source Pravda.Ru

Economy Minister on laws adopted in 2002

In 2002, the Russian Economy Ministry has passed 46 bills through the State Duma, including seven bills on social policies, 37 economic bills and two foreign-trade bills, Russian Economy Minister German Gref stated at an Internet press conference today.

The most important bills adopted by the State Duma, were on bankruptcy and on technical regulation. Gref said that the adoption of the latter was "a revolution". According to it, all departmental regulations of Russian authorities should be replaced by laws by 2007. As the Minister said, up to 90 percent of all activities in Russia are subject to compulsory certifying and standardizing, while in the USA and Canada this amount is below 5-7 percent.