Over 4 billion rubles will be allocated for the development of viticulture and winemaking in the Russian Federation

Published 2024년 7월 15일

Tridge summary

The Russian Ministry of Agriculture has allocated over 4 billion rubles for a federal project aimed at enhancing viticulture and winemaking in 2024. This represents an increase in funding from 3.5 billion rubles in 2023, with additional regional co-financing. Irina Fedina, Deputy Director of the Department of Food and Processing Industry, announced this at the Caucasus Investment Forum in Grozny, where she expressed optimism about the industry's future development. The forum, which runs from July 15 to 17, is designed to foster investment and development across various sectors.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Financing of the federal project aimed at developing viticulture and winemaking in Russia will amount to more than 4 billion rubles in 2024. Deputy Director of the Department of Food and Processing Industry of the Ministry of Agriculture of the Russian Federation Irina Fedina spoke about this at the Caucasus Investment Forum. “As for state support measures, for the third year we are implementing a separate federal project within the framework of the state program for the development of agriculture. In it we have collected all the main measures of state support that are aimed at viticulture and winemaking. For the second year now, our funding is 3.5 billion rubles - this is federal funding, plus co-financing from the regions. The total amount of funding is more than 4 billion rubles for this area,” Fedina said. She noted that the budget for 2025 is currently being formed. “Let’s hope that the federal project will also contribute to the development of the industry,” Fedina ...
Source: Kvedomosti

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