Global Trade Alert
Global Trade Alert

Russia: Government announces RUB 49.6 billion in loan interest payment subsidies to Taneco JSC

Announcement

29 Apr 2026

In April 2026, the Russian government announced a RUB 49.6 billion (USD 660 million) subsidy to support a preferential loan for Taneco JSC to establish a production chain for paraxylene, terephthalic acid, and polyethylene terephthalate.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Apr 2026

Revocation date:

No revocation date

Announced: 29 Apr 2026
Lending support In force

Recent update from 04 May 2026:

On 29 April 2026, the Russian government published Order No. 943-р, which approves RUB 49.6 billion (USD 660 million) to compensate Sberbank PJSC, a Russian commercial bank, to provide a loan to Ta...

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