ANNOUNCEMENT 06 Dec 2012In December 2012, the government of the Russian Federation announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
Resolution 2284- of 6 December 2012, http://www.government.ru/gov/results/21827/
Federal Programme "Preservation and restoration of soil fertility of agricultural land and landshaft as a national heritage of Russia in the period 2006 - 2010 and up to 2013", http://fcp.economy.gov.ru/cgi-bin/cis/fcp.cgi/Fcp/ViewFcp/View/2012/192/
On 6 December 2012, the Russian Government (according to Resolution 2284-) approved the allocation of a 5 billion Russian Roubles subsidy for the partial compensation of the cost of acquisition of chemicals purchased by selected subjects of the Russian Federation (the city of Moscow, republican, and regional authorities). The measure is related to the Federal Programme "Preservation and restoration of soil fertility of agricultural land as a national heritage of Russia in the period 2006 - 2010 and up to 2013". One of the goals of the programme is to increase international competitiveness and production in the agricultural sector in Russia.
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.