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Russian Federation: USD 21 Million State Loan to First Weaving Factory (IDF)

Description

On 15 June 2021, the Industrial Development Fund, a subsidiary of the Russian state development bank VEB.RF approved a 1.5 billion ruble (USD 21 million) loan to the First Weaving Factory (Первая ткац...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Jun 2021

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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