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Russia: Government allocates over RUB 25.43 billion in financial grants for development and adoption of high-tech products in 2024

Description

On 27 November 2023, the Russian government published Federal Law No. 540-FZ on the federal budget for 2024, allocating in its Annex 12, Section 020 around RUB 25.43 billion (USD 285.59 million) in fi...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2024

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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