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: 28 Jan 2014 | Removal date: open ended
Still in force

Interest payment subsidy

On January 28, 2014, the Government of the Russian Federation (according to Resolution 83-p) approved the allocation of subsidies for the partial compensation of interest payments on short-term loans. The state support is at the amount of RUB 3.4 billion (USD 95 million) for the agricultural and RUB 3.7 billion (USD 100 million) for the animal breeding sector.

As declared by Russian officials on various occasions (see the provided sources), foreign companies must not benefit from Russian subsidies. 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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