The Government of the Russian Federation at its meeting on February 5, 2009, adopted the following decisions on the items on its agenda:

1. Implementation of measures to improve the situation in the financial and other economic sectors

The Government meeting heard the report by the Economic Development Minister on that issue.

The Government has instructed:
- The Economic Development Ministry, the Finance Ministry, the Industry and Trade Ministry, the Federal Financial Markets Service, and the Federal Antimonopoly Agency, working jointly with the federal executive bodies concerned, to take exhaustive action to implement the said measures and to report on the result at the next meeting of the Government;
- The Finance Ministry and the Economic Development Ministry, working jointly with the federal executive bodies concerned and the Bank of Russia, to submit to the Government in accordance with the established procedure within two weeks their proposals on improving the mechanism of providing state assistance to banks, remembering that this assistance should take into account the volume and structure of the said banks' lending to industrial enterprises and organisations.

2. The draft concept and plan of measures to create an international financial centre in Russia, and on the establishment of a Government Commission on the Creation of an International Financial Centre

The Government meeting heard the report by the Economic Development Minister on that issue and approved the draft concept of creating an international financial centre in Russia. It also pointed out that the main measures aimed at creating an international financial centre in Russia should be implemented within five years.

Following discussions, the meeting approved, in general, the draft plan of measures to create an international financial centre in Russia.

The Government has instructed:
- The Economic Development Ministry, the Finance Ministry, and the Federal Financial Markets Service, working jointly with the federal executive bodies concerned, to improve the draft plan focusing on the advisability of adding to it measures for creating a mechanism of and the procedure for refinancing non-banking financial institutions by the Bank of Russia;
- The Economic Development Ministry, the Finance Ministry, and the Federal Financial Markets Service, working jointly with the federal executive bodies concerned and the Bank of Russia, to submit to the Government in accordance with the established procedure within one week the draft Government instructions on the approval of the plan of measures to create an international financial centre in Russia.

3. Introduction of temporary rates of import customs duties on certain types of pipes

The Government meeting approved the draft resolution on this issue.

4. Approval of the Regulations on Granting Federal Budget Subsidies to the Constituent Entities of the Russian Federation for Developing Social and Engineering Infrastructure in Constituent and Municipal Entities in 2009

The Government meeting approved the draft resolution on this issue.

4. Approval of the Regulations on the Coordinating Council of the Programme of Fundamental Research at State Academies of Sciences in 2008-2012

The Government meeting approved the draft resolution on this issue.

5. Submission of the Agreement Between the Member States of the Shanghai Cooperation Organisation on Joint Military Exercises to the Russian President for subsequent ratification

The Government meeting approved the draft resolution on this issue.

Moscow
February 16, 2009

*Decisions on the items on the agenda are made with due account of the remarks and proposals expressed at the Government meeting and are issued as official documents of the Government.