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Global Trade Alert

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Russia: Government allocates RUB 1 billion in financial grants to support businesses in certain border regions

Description

On 24 October 2024, the government of Russia adopted Decree No. 2975-р allocating RUB 1 billion (USD 10.63 million) in financial grants to support businesses in certain border regions (namely, Belgoro...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Oct 2024

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

location-specific

Affected Trading Partners

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Affected Products

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