ANNOUNCEMENT 02 Sep 2014

In September 2014, the government of the Russian Federation announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising
Inception date: No inception date

Financial grant

Rossiyskaya Gazeta, Issue 6470 of September 2, 2014, reports that the idea of Mr Boris Titov, Presidential Commissioner for Entrepreneurs' Rights, for the creation of a large state-owned wine-making corporation in Crimea, was discussed. 
 
Its purpose will be the development of local wine-making, viticulture and import substitution. Currently the main imports in this industry originate from Spain, Italy, South Africa, Chile, and Argentina.

AFFECTED SECTORS