Russian Duma Unanimously Approves Space Industry Consolidation Plan

Roscosmos_logoMOSCOW (Roscosmos PR) — On July 1, 2015, a draft federal law “On the State Corporation for Space Roskosmos” and amendments to some legislative acts in connection with the creation of the Civil Code “Roskosmos” in the third reading the deputies of the State Duma of the Federal Assembly of the Russian Federation.

The draft federal law the deputies of the State Duma voted unanimously.

Further, according to the procedure of negotiation, the bill within three working days will be sent to the Federation Council of the Federal Assembly of the Russian Federation for consideration at the plenary session. If approved by the Federation Council, the document will be submitted for approval to the President of the Russian Federation.

Law is aimed at improving the management of space activities, preservation and development of scientific and production potential of the Russian space industry.