On signing the Agreement for shared use of price information of the task system «Electronic database of foreign trade prices»
In December 2011, FSMTC of Russia and 21 Russian MTC-affiliated entities signed “Agreement for shared use of price information of the task system “Electronic database of foreign trade prices», which main goals are to coordinate actions of Russian MTC-affiliated entities in the foreign market in respect of foreign trade prices on MPP, formation of unified approaches to pricing, regular monitoring for prices in terms of dynamics of their change, and exclusion of unreasonable growth.
Signing of this Agreement is the next stage in improving pricing on military goods under the military-technical cooperation and pursuing a unified state policy in this area provided by the Federal law «On military-technical cooperation between the Russian Federation and foreign states».
Practical implementation of the Agreement will allow MTC-affiliated entities to establish foreign trade prices at a competitive level, and promote transition to electronic workflow to improve state regulation and decrease communication costs for the Russian MTC-affiliated entities.
Date of publication: 28.03.2012