Global Trade Alert
Global Trade Alert

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

Announcement

15 Jun 2021

In June 2021, the IDF approved a loan to the local textile maker. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Jun 2021

Revocation date:

No revocation date

Updated: 15 Jun 2021
State loan In force

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 т...

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