IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 15 Mar 2016 | Removal date: open ended
Still in force

Financial grant

The Resolution of the Russian Government No. 194 from the 15th of March 2016 establishes rules, objectives, conditions and procedures for granting subsidies from the federal budget to the budgets of the constituent entities of the Russian Federation for co-financing the costs of reimbursement of implementing investment projects for the modernisation and development of industrial enterprises within the framework of activities of regional programs.

Under the subsidies, funding is provided for:

  • introduction of energy-saving production technologies and equipment, conducting research for the implementation of projects;
  • development and implementation of productivity improvement programs;
  • modernization and technical re-equipment of production facilities aimed at creating and (or) developing production of new high-tech competitive products;
  • development and implementation of innovative technologies, research and development work for the implementation of investment projects;
  • to industrial enterprises for partial payment of leasing costs and (or) partial reimbursement of the initial loan instalment when concluding a lease contract for domestic equipment 

The adopted decisions are aimed at the development of the industry of the subjects of the Russian Federation, stimulation of the investment activity of organisations, development of the production of innovative industrial products, increasing output with a high share of added value, increasing the competitiveness of the products.

AFFECTED COUNTRIES

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