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: 09 Jul 2016 | Removal date: open ended
Still in force

Interest payment subsidy

With Decree No. 648 of 9 July 2016, the Russian Government approved rules for granting of subsidies to Russian aircraft servicing companies and to Russian aircraft manufacturers who have a servicing division. The servicing companies ensure smooth operation of the airline fleet by providing technical inspection, maintenance, repair, and staff training services.
 
The subsidies reimburse 90% of the costs incurred in the payment of interest on loans, related to the purchase of spare parts, software, technical documentation, and equipment, as well as the construction and maintenance of servicing facilities.

The subsidies are to be allocated under the sub-programme "Aeroplane manufacturing" of the state program "Development of the aircraft industry for 2013-2025".

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

496 Aircraft & spacecraft; parts
8802 Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles.
880211 Of an unladen weight not exceeding 2,000 kg
880212 Of an unladen weight exceeding 2,000 kg
880220 Aeroplanes and other aircraft, of an unladen weight not exceeding 2,000 kg
880230 Aeroplanes and other aircraft, of an unladen weight exceeding 2,000 kg but not exceeding 15,000 kg
880240 Aeroplanes and other aircraft, of an unladen weight exceeding 15,000 kg

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