Russia: Announced New Measures under National Project Data Economy

On 17 April 2024, the Deputy Prime Minister announced that up to 80% of Russian enterprises will be required to transition to the use of domestic software. This directive is part of the national project Data Economy, which will have a funding of over RUB 700 billion over the next six years and is aimed at providing the state with opportunities for planning economic development and managing national programs, leveraging digital platforms for effective management of economic development across various sectors. The project aims to support the development of a legal framework to enable the establishment of computing and data storage infrastructure utilising locally sourced equipment, technologies, and software, including cloud platforms, data centres, and computational resources. Further, the plan aims to achieve technological sovereignty in the technological sector and data economy.