MOSCOW, July 2. /TASS/. Russia will create a mechanism for managing technological risks during first industrial application of domestic technologies, the engineering company Toptech said in a statement.

"Toptech, a technology licensor and market leader in chemical engineering, has joined the development of an initiative by the CCI of the Russian Federation and VTB Bank (PJSC) to create a mechanism for managing technological risks for the first industrial application of domestic technologies. On July 1, 2026, the CCI of the Russian Federation held an introductory meeting of the interdepartmental working group on this initiative. The gas chemicals industry has been singled out as the first industry to implement the mechanism," the statement says.

The Chamber of Commerce and Industry of Russia (CCI) has formed a special working group to consider this initiative. It includes representatives from federal government agencies and development institutions, the Russian Union of Industrialists and Entrepreneurs, the Russian Union of Chemists, technology companies, equipment manufacturers, and customer enterprises. The participants agreed to develop specific proposals for the mechanism in collaboration with chemical industry companies and relevant agencies.