CCIP: lowering loan rate by 4.5% (application deadline extended to June 15)

17 June 2019, Monday

The International Cooperation and Exports National Project is used to support manufacturing enterprises that implement corporate competitiveness improvement programmes (CCIP), that are programmes of organisation’s activities aimed at improving competitiveness, increasing production output and sales of their products.

Such enterprises can be provided with loans on easy terms and conditions (subsidising the credit rate up to 4.5%) for the creation of export-oriented facilities in Russia and abroad, as well as for export finance (pre-export, post-export), factoring, loans to foreign buyers of company’s products, payments for funding insurance premiums under the export credit insurance contract.

Minimal requirements for participants include:

1. Confirmation of the fact of production in accordance with the Resolution of the Russian Federation Government No. 719;

2. Absence of delays and debts to the budget and extra-budgetary funds;

3. Neither a foreign legal entity, nor an offshore company, and has not been in the process of liquidation or bankruptcy for the last 3 years.

The CCIP requirements, the procedures for selecting and forming a single register of organisations are governed by the Resolution of the Russian Government No. 191 of February 23, 2019.

You can ask your questions by calling the hotline: +7 495 510 33 05 or by Email: kppk@exportcenter.ru

The application deadline is extended to June 15, 2019.

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