© Reuters. Clients examine kitchen stoves at an digital retailer in Stavropol, southern Russia, December 17, 2014. REUTERS/Eduard Korniyenko (RUSSIA – Tags: BUSINESS)
(Reuters) – Russia’s commerce and finance ministries will widen the standards for systematically necessary corporations to incorporate corporations from the electronics sector, the TASS information company quoted Deputy Prime Minister Dmitry Chernyshenko as saying on Saturday.
Russia’s authorities on Friday proposed a raft of help measures, together with some for suppliers to state-owned corporations and the IT sector, because it seeks to climate the impression of Western sanctions on its economic system.
“A very powerful process for us is to develop our merchandise and speed up import substitution of what was introduced in from exterior,” Chernyshenko stated.
He stated help for corporations within the electronics sector was wanted from the banking system.
“In all sectors of the economic system there are actually preferential loans and subsidised charges, and the potential of preferential lending by regional budgets can also be being checked out,” Chernyshenko stated.
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