Russia: Government Subsidies for Transportation of Herring Will Contribute to Import Substitution

  |   Attaché Report (GAIN)

Contact:

Office of Agricultural Affairs, Moscow   |   (011-7-495) 728-5222

The Russian Ministry of Agriculture drafted a government resolution approving 500 million rubles ($11 million) of subsidies from the government reserve fund to pay for rail transportation to move 100,000 MT frozen herring from the Russian Far East to the Central District of Russia. The objective of the mechanism is to compensate for the gap in imports of herring from Northern Europe and stimulate local producers to sell in domestic markets rather than export.

Russia: Government Subsidies for Transportation of Herring Will  Contribute to Import Substitution

Europe and Eurasia, Russia
Fish and Seafood

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