ANNOUNCED AS TEMPORARYNo
On March 18, 2013, the Russian Government (Order 375) distributed from the 2013 state budget 1,728 Mio. RUB (56 Mio USD). This state measure is in line with the recent statement of the President of the Russian Federation, Mr Vladimir Putin, that the interests of the economic sectors, agriculture included, who meet the most intensive competition from abroad after the WTO accession, will be considered.
Among the key requirements (related GTA measure Nr 4285), the co-financed grants must comply with, are:
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
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