The possibility of supporting enterprises which implement corporate programmes for improving competitiveness will be extended in Russia until 2030. This was announced by Russian Prime Minister Mikhail Mishustin.

"The decision has been made. We will extend this programme after 2024 as instructed by the president, and this decision has already been made. Until 2030, we mean 10 years from today, and after 2024, this program will work for six years. So, everything will be fine," TASS quoted him as saying.

The Corporate Competitiveness Program (CCPP) is aimed at increasing the competitiveness, production and sales of products. The organizations implementing the CCPP are given access to the mechanisms of concessional lending.

A company that has a conclusion on the confirmation of the production of products in the territory of the Russian Federation, or a license for the production of pharmaceuticals by pharmaceutical producers, or a certificate of origin, according to which the Russian Federation is the country of origin of the assembly set of products, may become a participant of the CPPK. Another condition may be that the products are to be exported for subsequent use by Russian manufacturers in foreign countries

Made in Russia // Made in Russia

Author: Maria Buzanakova