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Global Trade Alert

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Russian Federation: Financial grant of USD 71 million to Onego shipyard

Description

On 3 November 2021, the Russian government allocated 5.1 billion rubles (USD 71 million) to Onego Shipyard to modernize its facilities and digitalize its production lines. The shipyard is to concentra...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Nov 2021

Revocation date

No revocation date

Implementation level

National

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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