Global Trade Alert
Global Trade Alert

Russian Federation: Disbursement of Subsidy to United Engine Corporation for TB7-117 Engine - 2017

Announcement

14 Dec 2017

On 14 December 2017, the Russian Ministry of Industry and Trade disbursed a subsidy to UEC (Klimov) for R&D into the new TB7-117 aircraft engine.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

14 Dec 2017

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 14 December 2016, the Russian Ministry of Industry and Trade disbursed 1,4 billion rubles (USD 23.9m) in a subsidy to the United Engine Corporation for R&D into the TB7-117 aircraft engine.  Th...

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