Ministry of Industry and Trade of the Russian Federation | |
Nativename A: | Russian: Министерство промышленности и торговли Российской Федерации |
Preceding1: | Ministry of Industry and Energy of the Russian Federation |
Jurisdiction: | Russian Federation |
Headquarters: | IQ-quarter, Moscow |
Minister1 Name: | Anton Alikhanov |
Child1 Agency: | Federal Agency on Technical Regulating and Metrology |
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 of Government of Russia. Its headquarters are in Moscow.[1]
The ministry regulates foreign trade, defense and civil industries, metrology, technical standardization, and aviation technology development. It is a federal executive body.[2]
MITRF is responsible for subsidizing subcontractors to acquire products for government via investment contracts (special investments contracts)[3] 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.[4] [5] As of 2013 the results of research may be transferred to a subcontractor ownership upon fulfilling (completion) of a contract.
See also: Soviet-type economic planning. MITRF is a successor to the Soviet Union State Planning Committee (Gosplan).