National export support project to be extended until 2030
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The national project “International Cooperation and Export” is planned to be extended until 2030, the passport will be finalized by the end of July. This was announced by Deputy Prime Minister, head of the Ministry of Industry and Trade Denis Manturov during the final collegium of the ministry.
“In order to provide our exporters with a long-term planning horizon, together with [первым вице-премьером] Andrey Removich Belousov, we proposed to extend the profile national project until 2030,” Manturov said.
To do this, it is necessary to fine-tune existing and form new measures to support the reorientation of export flows, he added. According to Manturov, the updated passport of the national project should be ready no later than July.
The term of the national project “International Cooperation and Export” was supposed to end in 2024. It is aimed at increasing non-resource non-energy exports of goods from Russia. The main measures include supporting exporters through corporate programs to improve competitiveness, subsidizing part of the cost of transporting products.
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