Central regions | Finance, business | Technology & innovation

Private companies seek role in approving sandbox technologies

27 Feb '19
Leading Russian companies in the digital and telecom sectors, including Mail.ru Group, Rostelecom and MTS, recently proposed changes to the Economic Development Ministrys draft bill that would regulate the development of advanced technologies that are currently outside the purview of Russian law, the U.S.-Russia Business Council (USRBC) reported, citing RBC, a Russian business daily.

The companies proposed adding a provision to the draft that would allow private sector participation in selecting projects to be developed in sandbox mode outside the existing regulatory framework. The special regime would apply to certain projects related to big data, blockchain technologies, artificial intelligence, and robotics.

The companies proposed authorizing business associations in relevant sectors rather than government agencies to select proposals for subsequent approval by the government. They argued that private sector expertise would be essential for ensuring an efficient and expedited selection process.

However, the Ministry of Economic Development is concerned that allowing private business to influence the decision-making could lead to a conflict of interest.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content


Tags: sandbox technologies (0) /

Latest News: Central regions
17 May '19 | Finance, business | Telecoms, media
16 May '19 | Technology & innovation | Finance, business
14 May '19 | Transport, logistics | Finance, business
13 May '19 | Technology & innovation

Feature stories

4 Apr '19
Russian scientists have come up with what they say is...
29 Jan '19
Russian biologists and biophysicists have developed...
2 Nov '18
Drawing upon in-depth interviews, the book channels...
Search (News archive - 21348)
Independent Software Developers Forum
Marchmont News

Latest News

20 May '19
An intelligent cardiovascular diseases diagnostics...
17 May '19
MTS, one of Russias main mobile operators, has...
16 May '19
The Skolkovo Foundation and AstraZeneca, an...

Most read stories from last week

20 May '19
An intelligent cardiovascular diseases diagnostics...