IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
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Inception date: 05 Aug 2016 | Removal date: open ended

Trade finance

According to a press release of 5 August 2016 of the state Eximbank of Russia, it has signed with Tsesnabank (Kazakhstan) an export financing agreement. Under its terms, it has granted financing at the amount of 1.5 billion RUB (ca. 23 million USD) to the Kazakhstani plant Vector for the purchase of products of the Russian agricultural machinery manufacturer Rostselmash. The risks of the agreement are covered by the state Russian Agency for Export Credit and Investment Insurance (EXIAR). 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

441 Agricultural or forestry machinery & parts
8432 Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sportsground rollers.
843210 Ploughs
843221 Disc harrows
843229 Other
843230 Seeders, planters and transplanters
843280 Other machinery
843290 Parts
8433 Harvesting or threshing machinery, including straw or fodder balers; grass or hay mowers; machines for cleaning, sorting or grading eggs, fruit or other agricultural produce, other than machinery of heading 84.37.
843320 Other mowers, including cutter bars for tractor mounting
843340 Straw or fodder balers, including pickup balers
843351 Combine harvesterthreshers
843352 Other threshing machinery
843359 Other
843390 Parts

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