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