IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 15 Feb 2016 | Removal date: 16 Jul 2016
Still in force

Interest payment subsidy

On 15 February 2016 the Russian Government approved Resolution No. 225-p. It forms part of the State Programme for Development of Agriculture and Regulation of the Markets of Agricultural Products, Raw Materials and Food for 2013-2020 ('the programme').

Resolution No. 225-p allocates 25.8 billion Russian Roubles (ca. 338.38 million USD). The subsidies under Resolution No. 225-p, are to co-finance the expenditure of 78 subjects (top administrative units) of the Russian Federation, related to reimbursement of interest on investment credits which target the development of animal husbandry, the related to it processing activities, infrastructure and logistics.
 
Resolution No. 225-p does not specify under the framework of whichsub-program of the programme the subsidies are to be granted. However,it may be expected they to be allocated as part of the sub-programme'Development of the sub-sector of livestock production, processing andmerchandising of livestock products' of the programme. Therefore, thisparticular programme has been used for the calculation of the affectedtariff lines. Concretely, as a decision variable has been used the factthat among the expected direct result of this sub-programme is anincrease of the breeding stock of sheep and goats, as well as the supplyof sheep and goat milk. These particular goods have been used toidentify the potentially affected tariff lines under Resolution No.225-p.

AFFECTED COUNTRIES

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TABLE
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AFFECTED SECTORS AND PRODUCTS

221 Processed liquid milk, cream & whey
0401 Milk and cream, not concentrated nor containing added sugar or other sweetening matter.
040110 Of a fat content, by weight, not exceeding 1 %
040120 Of a fat content, by weight, exceeding 1 % but not exceeding 6 %
040140 Of a fat content, by weight, exceeding 6 % but not exceeding 10 %
040150 Of a fat content, by weight, exceeding 10 %
0404 Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included.
040410 Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter
222 Other dairy products
0402 Milk and cream, concentrated or containing added sugar or other sweetening matter.
040210 In powder, granules or other solid forms, of a fat content, by weight, not exceeding 1.5 %
040221 Not containing added sugar or other sweetening matter
040291 Not containing added sugar or other sweetening matter
040299 Other
0403 Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit, nuts or cocoa.
040310 Yogurt
040390 Other
0404 Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included.
040490 Other
0405 Butter and other fats and oils derived from milk; dairy spreads.
040510 Butter
040520 Dairy spreads
040590 Other

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