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: 24 Apr 2013 | Removal date: open ended
Still in force

Financial grant

 

On April 24, 2012 the Russian government approved'The Comprehensive Program for Development of Biotechnology in the RussianFederation through 2020'. In the document it is argued that the Russian Federation lags behindboth developed and developing countries in the development and applicationof bio-technologies. The fact that more than 80 per cent of the locally consumedbiotechnology production is imported is specifically referred to.

The Program will be implemented in twophases, 2012-2015 and 2016-2020 with a total state financing at the amountof 1.18 trillion rubles ($39billion). The strategicgoal of the program is to develop a leading position of Russia in themanufacturing of biotechnologies; to create a globally competitivebiotechnology sector which will enhance the modernisation of the localeconomy; to create until 2015 internal and export demand forbiotechnologies; to create a production-technological basis for the achievementof these goals.

 

AFFECTED COUNTRIES

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