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 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

15 Dec 2017

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 14 December 2017, the Russian Ministry of Industry and Trade disbursed 1.4 billion rubles (USD 23.9 million) rubles in a subsidy to the United Engine Corporation for R&D into the TB7-117 aircra...

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