IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

Yes

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 31 Jan 2017 | Removal date: open ended
Still in force

State loan

The notion "budgetary credits" is regulated in article 93.2 of the Budget Code of the Russian Federation of 31 July 1998 N 145-FZ (latest amendment on 28 March 2017):

"A budgetary credit may be granted to the Russian Federation, a constituent entity of the Russian Federation, municipal formation or legal entity on the basis of an agreement made in accordance with the civil law of the Russian Federation [...] 

A budgetary credit may be only granted to a constituent entity of the Russian Federation, municipal formation or legal entity which do not have outstanding debts on monetary obligations towards the relevant budget (a public law entity) and, with respect to legal entities, also on obligatory payments to the budgetary system of the Russian Federation except for restructuring of obligations (debts)."

Typically, a budgetary credit must be repaid to the state at the end of the fiscal year.

The list in Decree No. 24 contains the following goods:

  • Processed vanilla
  • Products of macaroni and similar farinaceous products
  • Cabbage 
  • Early table potatoes 
  • Late table potatoes 
  • Citric acid 
  • Canned dairy products, dairy composite, dry and freeze-dried products
  • Canned milk, dry and freeze-dried products
  • Canned meat 
  • Canned meat and vegetables that contain meat and poultry by-products
  • Canned fish 
  • Buckwheat 
  • Onions
  • Carrots
  • Flour and mustard powder 
  • Dried leguminous vegetables (belonging to the bean plant family)
  • Processed spices 
  • Millet 
  • Brown rice
  • Sugar, white beet or cane and chemically pure sucrose in solid condition without flavor or painting additives
  • Food salt 
  • Green tea (not fermented), tea black (fermented) and partly fermented tea in packages weighing not more than 3 kg.

No concrete monetary amounts of budgetary credits are mentioned in the decree.

The decree enters into force on 31 January 2017.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

012 Vegetables
0704 Cabbages, cauliflowers, kohlrabi, kale and similar edible brassicas, fresh or chilled.
070410 Cauliflowers and headed broccoli
070490 Other
016 Stimulant, spice & aromatic crops
0902 Tea, whether or not flavoured.
090220 Other green tea (not fermented)
090240 Other black tea (fermented) and other partly fermented tea
0910 Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices.
091011 Neither crushed nor ground
017 Pulses (dried leguminous vegetables)
0713 Dried leguminous vegetables, shelled, whether or not skinned or split.
071333 Kidney beans, including white pea beans (Phaseolus vulgaris)
042 Fish live, fresh or chilled for human consumption
0302 Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 03.04.
030211 Trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)
030284 Seabass (Dicentrarchus spp.)
030285 Seabream (Sparidae)
030289 Other
162 Salt & pure sodium chloride; sea water
2501 Salt (including table salt and denatured salt) and pure sodium chloride, whether or not in aqueous solution or containing added anticaking or freeflowing agents; sea water.
250100 Salt (including table salt and denatured salt) and pure sodium chloride, whether or not in aqueous solution or containing added anticaking or freeflowing agents; sea water.
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
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.
020422 Other cuts with bone in
020441 Carcasses and halfcarcasses
020442 Other cuts with bone in
020443 Boneless
212 Prepared & preserved fish, crustaceans, molluscs
0304 Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen.
030461 Tilapias (Oreochromis spp.)
030462 Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.)
030474 Hake (Merluccius spp., Urophycis spp.)
030475 Alaska Pollack (Theragra chalcogramma)
030479 Other
030481 Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic salmon (Salmo salar) and Danube salmon (Huchohucho)
030483 Flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae)
030486 Herrings (Clupea harengus, Clupea pallasii)
030487 Tunas (of the genus Thunnus), skipjack or stripebellied bonito (Euthynnus (Katsuwonus) pelamis)
030489 Other
030494 Alaska Pollack (Theragra chalcogramma)
030499 Other
213 Prepared & preserved vegetables, pulses & potatoes
0710 Vegetables (uncooked or cooked by steaming or boiling in water), frozen.
071022 Beans (Vigna spp., Phaseolus spp.)
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
235 Sugar & molasses
1701 Cane or beet sugar and chemically pure sucrose, in solid form.
170112 Beet sugar
170114 Other cane sugar
170199 Other
237 Macaroni, noodles, couscous & similar farinaceous products
1902 Pasta, whether or not cooked or stuffed (with meat or other substances) or otherwise prepared, such as spaghetti, macaroni, noodles, lasagne, gnocchi, ravioli, cannelloni; couscous, whether or not prepared.
190211 Containing eggs
190219 Other
190220 Stuffed pasta, whether or not cooked or otherwise prepared
190230 Other pasta
239 Food products n.e.c.
0902 Tea, whether or not flavoured.
090210 Green tea (not fermented) in immediate packings of a content not exceeding 3 kg
090230 Black tea (fermented) and partly fermented tea, in immediate packings of a content not exceeding 3 kg
0910 Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices.
091030 Turmeric (curcuma)
091099 Other
341 Basic organic chemicals
2918 Carboxylic acids with additional oxygen function and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives.
291814 Citric acid

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