Crimea’s Head Sergey Aksyonov has asked Russian leaders to extend the transition period in the republic till 2016 over problems with integration into the rest of Russia, Crimean Deputy Prime Minister Yevgenia Bavykina announced.
“Crimea’s head has asked for that over problems of integration into Russia’s financial, legal, judicial and banking spheres,” she said. “Regrettably, despite the fact that we have managed to find solutions to many problems or to have Russian laws amended correspondingly, more and more problems emerge as January 1, 2015 is getting closer. These problems cannot be solved overnight.”
Aksyonov raised the issue of extending the transition period in Crimea back on October 28. He said that Crimea’s small and medium businesses needed more time to be re-registered in accordance with Russian laws.
Crimea seceded from Ukraine and was annexed by Russia in March, following local referendum on region’s status, which West and Kiev refused to recognize.
After Crimea and the city of Sevastopol unified with Russia they were given a transition period from March 18, 2014 to January 1, 2015.