The law regulates relations arising from the establishment and operation of the Vladivostok free port.
As defined by the law, the Vladivostok free port is a part of Primorye Territory covered by state measures to support business activity to attract investment in developing transport infrastructure, open and develop production facilities manufacturing competitive goods for the Asia-Pacific region markets, speed up socioeconomic development, and raise the living standards of the Far East residents.
Under the law, the free port is being established for a time-period of 70 years.
The law contemplates possible extension of this time-period as well as early termination of state support measures for business in the free port territory.