IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 06 Dec 2012 | Removal date: 04 Feb 2013
Still in force

Production subsidy

On 6 December 2012, the Russian Government (according to Resolution 2283-) approved a disbursement of RUB 4.54billion (USD 149.54 million) as a part of a state subsidy for the partial compensation of the cost of agricultural crop insurance to selected subjects (republics and regions) of the Russian Federation. This measure is in line with the recent statement of the President of the Russian Federation, Mr Vladimir Putin, that the interests of the sectors, facing the most intensive competition from abroad (after the WTO accession) will be considered.

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.

AFFECTED COUNTRIES

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