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: 18 Mar 2016 | Removal date: open ended
Still in force

Instrument unclear

On 18 March 2016 the Russian Government (with Resolution No. 455-p) approved the upper bounds of state subsidies that nine investment project in the Far East and Baikal region can receive, as well as their respective upper bounds for 2016.

These subsidies form part of the state programme 'Socio-economic development of the Far East and Baikal region'. The investment projects involve construction works related to the coal mining, gold mining, swine breeding and beer production. The maximum amount these projects can ever receive is 23.43 billion RUB (346 million USD), including 7.19 billion RUB (106 million USD) in 2016.

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

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

021 Live animals
0103 Live swine.
010310 Purebred breeding animals
110 Coal & peat
2701 Coal; briquettes, ovoids and similar solid fuels manufactured from coal.
270111 Anthracite
270112 Bituminous coal
270119 Other coal
243 Malt liquors & malt
2203 Beer made from malt.
220300 Beer made from malt.
413 Basic precious metals & metals clad with precious metals
7108 Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form.
710811 Powder
710812 Other unwrought forms

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