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Global Trade Alert

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Russia: Government provides additional RUB 2 billion in grants in 2023 to support the development of industrial components

Description

On 14 July 2023, the government of Russia issued Resolution No. 1888-р, announcing a RUB 2 billion (USD 22.18 million) subsidy to support the development of industrial machinery components. The subsid...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Jul 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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