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 Jul 2015 | Removal date: open ended
Still in force

Interest payment subsidy

On 28 July 2015 the Russian Government approved Decree No. 766. It introduced new economic activities for which state subsidies can be obtained for partial reimbursement of interest rates, related to:

  • credits drawn from Russian credit organisations and,
  • loans, received from agricultural consumer organisations.

 
The mentioned state support can be obtained in the future for economic activities in the following new areas:

  • dairy farming;
  • processing of crop products and livestock;
  • development of selective-seed breeding and selective-genetic centers;
  • development of wholesale distribution centers;
  • construction, reconstruction and modernization of facilities for the production of wine products.

 
In addition, Decree No. 766 introduces the rule that the state may subsidise loans for the development of beef cattle which are obtained earlier than 2013 and have a maximum maturity of 15 years. Previously (as per Decree No. 1460 of 28 December 2012), entrepreneurs who got credits before 2013 were not eligible for this particular state support scheme. 
 
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

011 Cereals
1001 Wheat and meslin.
100119 Other
100199 Other
1003 Barley.
100390 Other
1005 Maize (corn).
100590 Other
1008 Buckwheat, millet and canary seeds; other cereals.
100810 Buckwheat
100890 Other cereals
015 Edible roots & tubers with high starch or inulin content
0701 Potatoes, fresh or chilled.
070190 Other
211 Meat & meat products
0201 Meat of bovine animals, fresh or chilled.
020110 Carcasses and halfcarcasses
020120 Other cuts with bone in
020130 Boneless
0202 Meat of bovine animals, frozen.
020210 Carcasses and halfcarcasses
020220 Other cuts with bone in
020230 Boneless
0203 Meat of swine, fresh, chilled or frozen.
020311 Carcasses and halfcarcasses
020319 Other
020321 Carcasses and halfcarcasses
020322 Hams, shoulders and cuts thereof, with bone in
020329 Other
0204 Meat of sheep or goats, fresh, chilled or frozen.
020421 Carcasses and halfcarcasses
020422 Other cuts with bone in
020423 Boneless
020441 Carcasses and halfcarcasses
020442 Other cuts with bone in
020443 Boneless
0205 Meat of horses, asses, mules or hinnies, fresh, chilled or frozen.
020500 Meat of horses, asses, mules or hinnies, fresh, chilled or frozen.
0206 Edible offal of bovine animals, swine, sheep, goats, horses, asses, mules or hinnies, fresh, chilled or frozen.
020610 Of bovine animals, fresh or chilled
020621 Tongues
020622 Livers
020629 Other
020649 Other
0207 Meat and edible offal, of the poultry of heading 01.05, fresh, chilled or frozen.
020711 Not cut in pieces, fresh or chilled
020712 Not cut in pieces, frozen
020713 Cuts and offal, fresh or chilled
020714 Cuts and offal, frozen
020727 Cuts and offal, frozen
020742 Not cut in pieces, frozen
0208 Other meat and edible meat offal, fresh, chilled or frozen.
020810 Of rabbits or hares
215 Animal fats
0209 Pig fat, free of lean meat, and poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked.
020910 Of pigs
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 %
231 Grain mill products
1006 Rice.
100620 Husked (brown) rice
100630 Semimilled or wholly milled rice, whether or not polished or glazed
100640 Broken rice
235 Sugar & molasses
1701 Cane or beet sugar and chemically pure sucrose, in solid form.
170114 Other cane sugar
170199 Other
242 Wines
2204 Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
220410 Sparkling wine
220421 In containers holding 2 l or less
220429 Other
2205 Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances.
220510 In containers holding 2 l or less

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