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: 27 Dec 2012 | Removal date: open ended
Still in force

Financial grant

The Russian government approved (according to Decree 2539/27.12.2012) state support for the development of the rare earths at the amount of RUB 1 billion (ca. USD 30 million) in 2013. The government plans to provide (according to the Rossiyskaya Gazeta, an official newspaper of the Russian Government, Issue 6235 of 18 November 2013) additional support of RUB 23.5billion (ca. USD 730 million) until 2020. The rare earth minerals are used in the manufacture of many hi-tech products and military equipment.
 

AFFECTED COUNTRIES

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