Russia to increase support for non-energy exports

The Russian government will increase the state support for non-energy exports in a bid to diversify its raw-material-based economy, Prime Minister Dmitry Medvedev said on Monday, RIA-Novosti reports.

“Our goal is to ensure state financial support for at least 13-15 percent of Russian non-energy exports by 2018,” RIA-Novosti quotes Medvedev as speaking at a government meeting on state support for hi-tech exports.

In 2011, the state granted support for just 0.6 percent of such exports, Medvedev said.

3405 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.