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25 May, Monday

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Молния

Bashkiria begins to subsidize costs of products international certification

Economy/Business

On April 20, the acceptance of applications for subsidies for exporters to reimburse part of the costs of international certification begins in Bashkiria, the State Committee for Foreign Economic Relations RB reported.

The maximum subsidy per applicant is not more than 2 million rubles.

Exporters are subsidized as part of the national project “International Cooperation and Export”, developed on behalf of Russian President Vladimir Putin.

Small and medium enterprises of the republic, producers of non-primary non-energy goods, which incurred the costs of international certification, can participate in the program.

“Applications for subsidies are accepted from April 20, 2020, until the full use of funds,” the press service of the State Committee for Foreign Economic Relations RB emphasized.

As the Bashinform News Agency reported, Bashkiria was the first among the Russian regions to announce the start of subsidizing part of the costs of entrepreneurs for international certification of products.

95% of respondents said that obtaining foreign certificates was one of the most expensive items of expenditures for bringing goods to foreign markets.

The full information about the procedure for providing subsidies is available here.

Galina Bakhshieva /translated by Tatiana Aksyutina
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