Commerce et marchés
 

Detail

Area
Russian Federation
Commodity Group
Oilseeds, oils and meals
Commodity
Oilseeds and vegetable oil
Date
01/06/2014
Policy Category
Production
Policy Instrument
Sector development
Description
Approved a 2-year programme promoting the development of the nation’s oilseed production and vegetable oil industry.
Notes
RUSSIAN FEDERATION – sector development: The Ministry of Agriculture approved a 2-year programme promoting the development of the nation’s oilseed production and vegetable oil industry. Total funding for 2014-16 will amount to RUB 34.5 billion (USD 1 billion), of which producers and crushers will contribute one third, while the remainder will be covered from public sources in the form of loan guarantees. Under the programme, the ministry will support the purchase of seeds through interest rate subsidies.