Foreign producers of agricultural machinery with a high level of localization in Russia should receive 2 billion rubles ($ 35 million) of subsidies from an additional 20 billion rubles ($ 350 million), budgeted. This was stated by Russian President Vladimir Putin at a meeting on the development of the agro-industrial complex.
"Yesterday we met with representatives of the German business, some of them quite legitimately consider themselves to be Russian producers, because they have achieved the level of localization required by the production of agricultural machinery, so they are asking on behalf of all Russian producers of agricultural equipment to continue subsidizing the production of agricultural machinery ", - Putin said.
The President noted that Deputy Prime Minister Arkady Dvorkovich "proposed to allocate for this purpose 2 billion rubles ($ 35 million) of these 20 billion rubles ($ 350 million)[additional subsidies pledged in the budget of 2018]." "I think this is right, you need to have this in mind, although these subsidies are the responsibility of the Ministry of Industry and Trade," the President added.
Source: dairynews.ru.
