The Ministry of Agriculture has developed a project on subsidies to producers of sugar and butter, the Russian Federation has obtained permission to supply fish to Egypt to 10 enterprises

Published 2021년 3월 30일

Tridge summary

The Russian government has announced subsidies for sugar and sunflower oil producers who have agreed to freeze prices with retail chains, to help compensate for lost profits due to the price freeze. The subsidy for sunflower oil is 10 rubles per liter, and for sugar, it is 5 rubles per kilo, both capped at a certain retail price. The subsidy will be available until the end of September. The Ministry of Agriculture is also planning to increase the export of aquatic biological resources to $7 billion by 2024, up from $5.3 billion in 2020. The first exchange trading in aquatic biological resources has also taken place in St. Petersburg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Producers of sugar and bottled sunflower oil participating in the agreement on freezing prices for their products with retail chains will receive subsidies from the state. According to the Ministry of Agriculture, the subsidies will last until the end of September this year, and not all representatives of the industry will receive them, but only those who fulfill the agreement concluded in December last year by the Ministry of Agriculture, the Ministry of Industry and Trade, the Federal Antimonopoly Service, and networkers on a fixed price for sugar and butter. ... Lent increased sales of vegetable meat in Russia Producers will be able to take advantage of a subsidy to reimburse part of the costs at the rate of 10 rubles per liter of self-made and retail refined bottled sunflower oil, if its price does not exceed 95 rubles per liter. Companies producing white beet sugar will receive 5 rubles per kilo of sugar if it is sold at retail for no more than 36 rubles. Thus, the government ...
Source: Rosng

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