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Global Trade Alert

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Russia: Government to provide over RUB 5 billion to the regional tourism sector

Description

On 10 February 2023, the government of Russia announced over RUB 5.3 billion (USD 68.9 million) in subsidies to the local tourism sector. The funding will be provided in the form of financial grants. ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Feb 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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