IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: No inception date

Instrument unclear

On March 18, 2013, the Russian Government (according to Order 378) approved the state programme "Development of the Foreign Economic Activity" 2013-2018. It seeks to strengthen the position of the Russian Federation in the global economy as well as to contribute to the modernisation of the domestic economy.
The state programme will be structured into the following sub-programs:

  1. sub-programme 1: "Implementation of priority directions of foreign economic activity in the process of international economic cooperation";
  2. sub-programme 2: "Formation of the Eurasian Economic Union";
  3. sub-programme 3: "Development of the national system of support of the development of foreign trade activities";
  4. sub-programme 4: "Improving the system of state regulation of foreign trade activities";
  5. sub-programme 5: "Improvement of customs activities;
  6. sub-programme 6: "Development of a system of checkpoints across the state border of the Russian Federation to carry out foreign economic activities"


The fulfillment of the strategic goals of the programme will be monitored by means of the following indicators:

  • general growth rate of exports of goods;
  • growth rate of exports of goods, energy products excluded;
  • share of machinery, equipment and means of transportation in the export of goods;
  • coefficient of export diversification;
  • growth rate of exporting organisations (except for self-employed entrepreneurs);
  • growth rate of bilateral trade in non-energy commodities between the members of the Customs Union of Russia, Kazakhstan and Belarus;
  • Russia's performance in leading international ratings of foreign trade.

 
The funding for the whole period of implementation of the state program will be RUB422 billion (USD13.78 billion).
 
Order No. 378 has been abolished by Decree No. 330 of 15 April 2014 of the Government of the Russian Federation (see the 2nd provided source). The interested reader is referred to the provided related GTA report No. 12 458 which covers Decree No. 330.
 
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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