ANNOUNCEMENT 28 Feb 2012

In February 2012, the government of the Russian Federation announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



28 2012 . N 165 . " "
http://rg.ru/2012/03/06/fermy-site-dok.html


Inception date: 28 Feb 2012 | Removal date: open ended

State aid, nes

On 28 February 2012 entered into force the rules for granting of state subsidies to family cattle breeding farms (Decree No. 165).

They are allocated for the following activities:

  • preparation of project-related documentation for construction, reconstruction or modernisation of family farms;
  • construction, reconstruction or modernisation of family farms;
  • construction, reconstruction or modernisation of production facilities for processing of livestock products;
  • supplies of equipment and appliances, and their installation;
  • purchase of farm animals.

The maximal amount of the state subsidy must not surpass 60% of the total expenditures for development of a family farm and not more than 21.6 million RUB (ca. 742 thousand USD).
 
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 SECTORS