"[Prime Minister] Medvedev will hold a meeting on the state and prospects of domestic microelectronics development, measures to encourage the development of domestic microelectronics production, both for special and civil purposes, as well as issues of state regulation of the Russian market of electronics," a statement released by the Russian government's press service Tuesday said.
According to the statement, Russian deputy prime ministers Arkady Dvorkovich and Dmitry Rogozin will attend the meeting.
Earlier in September, Russia's United Rocket and Space Corporation head Igor Komarov announced that in view of Western sanctions, Russia will be ordering microelectronics and machines for rocket and space equipment from China, South Korea and other Asian countries.
The West released its most recent package of sanctions targeting Russia's largest banks, as well as oil and defense companies, on September 12. The companies were denied access to the European capital markets.