IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 28 Jan 2017 | Removal date: open ended
Still in force

Trade finance

The loan agreement's maturity is 18 months. The loan agreement's amount is RUB 3 billion (38 million USD). According to PhosAgro's CEO, Mr Andrey Guryev: “This loan agreement will enable us to strengthen the flexibility of our sales and improve PhosAgro’s competitive advantages in the global fertilisers market, as well as the turnover of our financing resources”.

Background:
The decision to provide state support to PhosAgro was taken as part of Russia’s state programme for support of high-tech exports.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
2933 Heterocyclic compounds with nitrogen heteroatom(s) only.
293329 Other
293339 Other
293361 Melamine
293371 6Hexanelactam (epsiloncaprolactam)
293379 Other lactams
293399 Other
352 Pharmaceutical products
2933 Heterocyclic compounds with nitrogen heteroatom(s) only.
293369 Other

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