Clients examine kitchen stoves at an digital retailer in Stavropol, southern Russia, December 17, 2014. REUTERS/Eduard Korniyenko (RUSSIA – Tags: BUSINESS)
March 12 (Reuters) – Russia’s commerce and finance ministries will widen the standards for systematically necessary companies to incorporate corporations from the electronics sector, the TASS information company quoted Deputy Prime Minister Dmitry Chernyshenko as saying on Saturday.
Russia’s authorities on Friday proposed a raft of assist measures, together with some for suppliers to state-owned corporations and the IT sector, because it seeks to climate the impression of Western sanctions on its economic system. learn extra
“An important job for us is to develop our merchandise and speed up import substitution of what was introduced in from exterior,” Chernyshenko stated.
He stated assist for companies within the electronics sector was wanted from the banking system.
“In all sectors of the economic system there at the moment are preferential loans and subsidised charges, and the potential for preferential lending via regional budgets can also be being checked out,” Chernyshenko stated.
Reporting by Reuters; Modifying by Kevin Liffey and Andrew Heavens
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