The agenda: the federal budget for 2026-2028 adopted by the State Duma, key outcomes from the 24th meeting of the SCO Heads of Government Council, the ratification of the EAEU-Mongolia Interim Trade Agreement, and budget allocations for co-financing socially significant regional projects.
Government Meeting
Government Meeting
Government Meeting
Mikhail Mishustin’s opening remarks:
Good afternoon, colleagues,
Today, the State Duma adopted the federal budget for the next three years in its third and final reading.
I would like to extend my personal thanks to Vyacheslav Volodin, the leaders of all parliamentary parties, and the deputies for their concerted effort, constructive approach, and support of the Government’s initiatives to strengthen our economy and social sphere. It was a true team effort, with everyone, including members of the Government, working in lockstep.
During the review process, significant amendments were incorporated, many of which came from public organisations and business representatives. This collaborative process led to a solid consensus between the Government and the deputies.
The result is a balanced budget. It fully allocates the necessary resources to meet the objectives set by the President and to achieve our national goals.
This includes honouring all of the state’s social obligations to citizens, supporting families with children, and providing for our defenders – the participants in the special military operation.
This entire process has demonstrated once again the effective, systemic cooperation between the Government and the State Duma. It shows that by working together, we can find the right solutions to ensure the country’s progress and the well-being of our citizens. It is, of course, crucial that we continue in this vein.
Now, moving on to other topics.
This week, Moscow hosted the 24th meeting of the Council of the Heads of Government of the Shanghai Cooperation Organisation (SCO), under Russia’s chairmanship.
As our President noted, the SCO is consistently increasing its influence in addressing pressing international issues, and has become a powerful driver of global growth and a champion of genuine multilateralism.
With our partners, we discussed in detail our next steps to expand trade and investment cooperation, as well as cultural and humanitarian ties. A key part of this will be to continue building a reliable, independent financial infrastructure, which is essential for our common projects. We will also work consistently to strengthen transport connectivity across Eurasia – a subject I spoke about in detail earlier today at the Transport of Russia exhibition.
We also placed a special emphasis on cooperation in e-commerce and, more broadly, on the implementation of modern technologies, innovation, and artificial intelligence across our priority economic sectors.
We also held bilateral talks with Premier of the State Council of the People’s Republic of China Li Qiang; First Vice President of Iran Mohammad Reza Aref; and Prime Minister of Mongolia Gombojavyn Zandanshatar.
Following the meeting, a substantial package of documents was adopted. Colleagues, I request that you monitor their implementation within your respective areas of responsibility.
Under the Executive Order on National Development Goals, the President set the task of establishing a network of sustainable partnerships with foreign states and creating the necessary infrastructure for foreign economic activity, technological and industrial collaboration, and the exploration of new markets.
We are pursuing this objective both through the Shanghai Cooperation Organisation and within the framework of other international associations, primarily within the Eurasian Economic Union.
On today’s agenda for the Government meeting is the draft law on the ratification of the Interim Trade Agreement between our Union and Mongolia. The document covers nearly 370 items, on which tariffs will either be reduced or eliminated by each side.
Russian exporters will receive preferential treatment when supplying their goods to the Mongolian market, enabling them to save significant funds and allocate these towards business and production development. The range of products from Mongolia available to our citizens will also expand.
Simultaneously, we will continue to seek new areas of mutual interest for growth, strengthening our cooperation in customs affairs and e-commerce.
We discussed this during negotiations with the Prime Minister of Mongolia, who visited Russia in connection with the meeting of the SCO Council of Heads of Government.
I anticipate that the draft federal law will be reviewed by the State Duma as soon as possible and that the agreement will enter into force following ratification by all member states of the Union.
The next topic concerns support for Russian regions.
The President places particular emphasis on their economic self-sufficiency. He has underscored that this is a matter of fairness, equal opportunities for the self-realisation of our citizens, and high living standards across the entire territory of the country.
To this end, a comprehensive set of measures is being implemented. During working trips to Russian regions, we first assess the condition of medical facilities, social infrastructure, and transport infrastructure. We discuss with governors how the Government can assist in delivering projects that are important to the people. This feedback forms the basis for our decisions.
Today, we will allocate an additional sum of approximately 33 billion roubles to nearly 40 regional budgets, including those of border regions, to co-finance socially significant expenditures.
The funds will primarily be allocated to payments for teachers, doctors and medical staff, and employees of cultural institutions, as well as to social security for residents.
This will ensure the fulfilment of all obligations to our citizens and contribute to achieving the national development goals set by the head of state.
