New industrial policy in the Russian Federation
The author analyses the provisions of the Federal Law № 488 FZ «On industrial policy in the Russian Federation», which comes into force in June, 2015. The author pays special attention to new institutions and concepts of the Russian legislation in the area of industry, separately considering the specific investment contract as a special measure to stimulate industrial activity. In conclusion, the author gives a comprehensive description of the new law regarding its positive and negative features. The author makes critical comments and notes the absence of important provisions in the new law, and offers options for filling the gaps in the legislation.