Ministry of Economic Development (Russia)

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Ministry of Economic Development
Министерство экономического развития Российской Федерации
File:Min-econom-develop-russia-emblem.gif
Ministry Emblem
Agency overview
Jurisdiction Government of Russia
Headquarters 1,3 1-ya Tverskaya-Yamskaya, Moscow
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Agency executive
Child agencies
Website [1]

The Ministry of Economic Development of the Russian Federation (Russian: Министерство экономического развития Российской Федерации) is a federal ministry in the Russian Government. The ministry is responsible for regulating and forming policies related to socioeconomic and business development in Russia.[1][2]

History

The Ministry has evolved in function and title over the years. In 1997, what was then known as the Ministry of Economy absorbed the Ministry of Defense, whose functions it carried solo until 1999, when the work of the Ministry of Defense was divided among five agencies.[3] At the time, Andrei Shapovalyants was the Economics Minister in Russia, having replacing his predecessor Andrei Nechayev when Nechayev was fired in 1993.[4][5]

In 2000, at which point the agency was reconstituted as the Ministry of Economic Development and Trade, Herman Gref was appointed to the role of minister, a title he held until 2007.[6] Gref was succeeded by Elvira Nabiullina in September of that year, and Nabiullina continued in that role until May 2012.[7][8] During her term, in 2008, the Ministry of Economic Development and Trade transferred its responsibilities for developing policies around and overseeing regulation of trade to the new Ministry of Trade and Industry and was accordingly retitled the Ministry of Economic Development.[9] On 21 May 2012, Andrey Belousov replaced Nabiullina as minister.[8] Current minister Alexey Ulyukaev was appointed by President Vladimir Putin in June 2013.[10]

References

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  1. "Ministry of Economic Development- About Ministry
  2. "Executive Order on functions of Natural Resources Ministry and Economic Development Ministry"
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  10. http://eng.kremlin.ru/news/5641