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31 August , 19:25

Bashkiria Prime Minister approved a support package to republic importers and exporters

The Prime Minister of Bashkiria approved a package of measures to support importers and exporters of the republic. Andrey Nazarov announced this on his social media.

“Foreign trade turnover of the republic for the first half of the year increased by 19% compared to last year. Exports increased by 25%. This suggests that, despite significant external pressure, our republic is systematically showing growth in terms of export activity,” the Bashkir prime minister comments.

To increase the volume of foreign trade turnover in the region, subsidy programs have been developed, which are unprecedented at the regional level. They include eight measures of financial support, Andrey Nazarov approved five draft resolutions today.

The costs will be reimbursed for:

- transportation of goods for import to the Russian Federation (return up to 90% of expenses);

- storage of goods in seaports on the territory of the Russian Federation and logistics hubs outside the country;

- purchase of imported raw materials, spare parts, and equipment (refund up to 30% of costs);

- carrying out research and development work or homologation of existing industrial products for foreign markets;

- services of consulting agencies related to the search for raw materials, spare parts, and equipment necessary for the implementation of investment projects and production activities for export.

It is assumed that the volume of exports carried out with support will be more than 1.5 billion rubles.

Translated by:Tatyana Aksyutina
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