The Ministry of Industry and Trade of Tatarstan was visited by executives of TEMPO holding. Company’s management was interested in the conditions of the corporate competitiveness improvement programmes (CCIP), as well as measures to support exporters. TEMPO is active in developing exports activities, both by expanding its geography of product sales and by seeking new areas of activities.
The meeting was chaired by Minister Karimov, explaining that the selection of enterprises takes place on a competitive basis, but the Tatarstan Ministry of Industry and Trade is prepared to give all explanations if there are any questions in this respect.
Within the CCIP framework, manufacturing enterprises can be provided with concessional loans (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.
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.
Companies’ applications will be collected later in April.