Economics

Russia to Reduce Reliance on Microsoft, IBM After Sanctions

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Russia’s parliament is preparing new rules in a bid to cut its reliance on foreign technology suppliers after U.S. sanctions against some of the country’s largest companies, a move that could hurt sales at vendors such as Microsoft Corp. and International Business Machines Corp.

The State Duma, Russia’s lower house of parliament, is drafting a bill to require government agencies and state-run enterprises to give preference to local providers of software and hardware, according to a document from the commission for strategic information systems obtained by Bloomberg News. The paper addresses criteria for tender processes such as favoring products that don’t have imported, licensed components.