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Global Trade Alert

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Russia: Industry Development Fund to provide a RUB 3.3 billion loan to DAAZ

Description

On 29 November 2023, the Industry Development Fund concluded a RUB 3.3 billion (USD 36.67 million) loan agreement with Dimitrovgrad Automobile Unit Plant (DAAZ) to support the manufacturing of automob...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Nov 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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