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New Duma bill passed on support of space activity
Published:
6/18/1999
The Russian State Duma has passed a bill entitled "On State support for the space rocket industry and space infrastructure (SRISI) of the Russian Federation".
The four main elements of the bill are as follows:
-State support for SRISI companies. However neither the type nor the level of support are specified.
-Retaliatory measures, which can be taken by the Russian government, should a foreign government violate economic interests of SRISI companies. This infers the USA.
- Import quotas or special customs duties on satellite communications systems, should such devices from abroad flood the Russian market. Concise would describe this as good, old fashioned protectionism
-Tax deferrals for SRISI companies
Article ID:
604
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