STATE-BUSINESS RELATIONS FORUM NOTE PUBLIC PROCUREMENT LAW IN THE RUSSIAN FEDERATION: SHORTCOMINGS AND DEVELOPMENT PROSPECTS By Arthur Kamalyan (Russia) Author Post-qraduate student, Kutafin Moscow State Law University Email: arthur25_93@mail.ru Abstract The present article focuses on shortcomings and development prospects of the public procurement legislation of the Russian Federation relying on the heated discussion that took place at the V St. Petersburg International Legal Forum. <...> The article covers the key aspects of the positions presented by the representative of the Federal Antimonopoly Service of the Russian Federation, the representative of the Eurasian Economic Commission, and the representative of the legal firm ‘Lexar’. <...> In addition, the article gives a brief overview on the regulation of the public Volume 2 October 2015 Issue 2(4) www.kulawr.ru 352 KUTAFIN UNIVERSITY LAW REVIEW procurement in the European Union and shows how the more than 40-years’ experience of the European Union may be useful in the course of development of public procurement law in Russia and in the Eurasian Economic Union. <...> Finally, the article provides for a roadmap on the necessary steps in order to improve the supranational public procurement legislation in the Eurasian Economic Union. <...> The St. Petersburg International Legal Forum, which focuses on the modern legal issues, has marked the jubilee in May 2015 by holding its 5th session. <...> First, the Russian legislation on the public procurement has undergone a relatively recent reform, which was inspired by the European Union public procurement law, and nowadays, it is possible to estimate the firstlings. <...> Secondly, public procurement is the area of great economic www.kulawr.ru Volume 2 October 2015 Issue 2(4) Arthur Kamalyan Public Procurement Law in the Russian Federation: Shortcomings and Development Prospects 353 interest for states as well as for supranational organisations. <...> Thirdly, the establishment of the Eurasian Economic Union and the development of economical processes require the openness of the public procurement market to other Member States, which in practice may generate numerous problems while new laws are drafted and then enacted and applied. <...> Finally, the new European public procurement directives were adopted last year, which would inspire the changes in the Russian legislation in the nearest future <...>