The Ministry of Economy of the Republic of Tatarstan hosted a working meeting with the delegation of the Republic of Tyva

20 December 2022, Tuesday

Today the Ministry of Economy of the Republic of Tatarstan received a delegation from the Republic of Tyva. The topic of the business visit was Tatarstan's experience in developing preferential territories, supporting entrepreneurship, as well as getting to know the functionality of the Import Substitution Center.

Representatives of the Ministry of Economy of Tatarstan shared their experience in the development of industrial parks, ongoing management initiatives and solutions to support businesses in various areas, as well as tools to improve the institutional infrastructure and mechanisms to improve business activities.

Also during the meeting, organizations of the business support infrastructure in the Republic of Tatarstan - the Guarantee Fund of the Republic of Tatarstan and the Entrepreneurship Support Fund of the Republic of Tatarstan - shared their experience in implementing programs, tools and services for SMEs. In addition, representatives of the Republican Marketing Center spoke about the possibilities of the "Import Substitution Center", created to mitigate the effects of sanctions pressure. The mechanism of the "Import Substitution Center" makes it possible to collect information on import-substituting products manufactured in the country, to provide assistance to customers whose activities depended on the import of components, goods, raw materials and equipment in search of replacement products.

Its catalog contains proposals for manufacturers, small and medium-sized businesses, allowing them to master the production of demanded products, and consists of two sections - "Register of previously purchased products" and "Substitution proposals".

The parties agreed on further cooperation and exchange of experience and solutions aimed at supporting entrepreneurial activity, developing the investment attractiveness of regions and business support institutions.

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