ANNOUNCED AS TEMPORARYNo
With Decree No. 908 of 11 October 2013, the Russian Government approved the rules for the provision of federal subsidies to regional and municipal programs supporting the modernisation of agriculture. In particular, the federal subsidies will be granted for the purchase of agricultural machinary and components.
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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