2017 November 17

(RF President Vladimir Putin - On providing RF-flagged ships with exclusive right to transport and store hydrocarbons in NSR waters )

- This step will allow us to increase the volume of maritime shipping, to strengthen the position of domestic shipping companies, and to create additional opportunities for upgrading their fleets.

The corresponding draft law is being considered by the State Duma. I hope it will be adopted soon. However, I also know that there are proposals to extend this rule to other marine areas of our country. Let us analyse all these matters to make sure all of our steps are properly balanced and thought through.

Transcript from a meeting on developing Zvezda shipyard.