ANNOUNCEMENT 30 Oct 2013

In October 2013, the government of the Russian Federation announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Oct 2013 | Removal date: open ended
Still in force

Financial grant

On 30 October 2013, the Russian Government approved with Resolution No. 972 the rules for the disbursement of subsidies to Russian organisations in the hi-tech sector, to be used for the implementation of innovative projects. The purpose of the subsidies is to enhance 'the global competitiveness, innovative development and export potential growth of key sectors of the Russian economy'. One of the key targets of the government is to reach a level of RUB 120 billion (ca. USD 3.7 billion) of domestic production of composites until 2020 and an export share of 10 per cent.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A