Russian Ministry of Natural Resources wants to agree on deductions of geological exploration at deep layers

The Russian Ministry of Natural Resources expects to reach an agreement with the Ministry of Finance on introduction of deductions of geological exploration costs at deep horizons of subsoil areas from income tax before the end of 2016, the Minister of Natural Resources and Ecology Sergei Donskoy reports.
 
"Yes, I set such problem to my colleagues. Everything is worked out, there is only political will is needed," - Donskoy said, replied to a question whether the Ministry of Natural Resources expected to reach the agreement with the Ministry of Finance on the introduction of these deductions this year.

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