ANNOUNCEMENT 03 Apr 2015In April 2015, the government of the Russian Federation announced a changed export promotion.
NUMBER OF INTERVENTIONS
3 2015 . N 593-
On 3 April 2015, the Russian Government (according to Resolution No. 593-p) has amended the existing Roadmap "Support of the access to foreign markets and export promotion".
Decree No. 593-p has introduced measures that have the purpose to increase the accessibility of financial services to exporters and targets export promotion. This report focuses on this important content.
Accessibility of financial services to exporters
Concretely, among the most essential measures that have the purpose to increase the accessibility of financial services to exporters (new points 16--31), are:
Decree No. 593-p also introduces items that target the export promotion (points 43--51). The most important items are:
The text of this GTA report reflects the main amendments introduced in the Roadmap with Resolution No. 593-p compared to the previous text of the Roadmap (Resolution No. 2148-p of 28 October 2014). The GTA only reflects this share of the amendments in the Roadmap that are likely to discriminate against foreign commercial interests.
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.