Moscow not planning to extend transition period for Crimea: Kozak

9 December 2014 12:16
(QHA) -

Moscow is not planning to extend the general integration period for Crimea into Russia’s legal and economic systems, Russian Deputy Prime Minister Dmitry Kozak said on Monday.

“We will not extend it, although such proposals have been voiced. Crimea is ready to be integrated into the system of Russia’s state management on an overwhelming range of issues, and no major problems arise,” Kozak stressed, adding however that some issues due to objective reasons could need an additional period.

The announcement comes days after Russian Prime Minister Dmitry Medvedev signed a government decree on a transition period for tariffs on housing and public utilities in Crimea, allowing it to switch to Russia’s system within the next two years.

This transition period for the integration of the region into the Russian economic, financial, credit and legal systems expires on January 1, 2015.