Markets and trade
 

Detail

Area
Russian Federation
Commodity Group
Grains
Commodity
Wheat
Date
26/08/2020
Policy Category
Consumption and marketing
Policy Instrument
Government market intervention
Description
Approved a measure subsidizing transport carriers transiting through the country. Subsidies will vary from RUB 25 000 to RUB 77 000 (USD 314.2–USD 967.9), depending on the type and destination of the transit cargo. The measure aims to increase the demand for freight transportation and improve the transit links between Europe and Asia.