NEWS

Competitive selection under CCIP, corporate competitiveness improvement programmes, has been summed up. From Tatarstan, selected were 11 regional-level enterprises and 3 companies of federal level. A single list of manufacturers implementing CCIP can be found in the State Information System of Manufacturing Industry (GISP) and is available for authorised users.

CCIP is one of the key mechanisms of the International Cooperation and Exports national project aimed at supporting the increase in output and sales of competitive industrial products manufactured in Russia (as regulated by Russian Government Resolution No. 191 of February 23, 2019).

The final list, approved by the interdepartmental commission, included 14 Tatarstan enterprises related to the implementation of export-oriented projects in chemical, petrochemical, mechanical engineering, and wood-processing sectors.

Companies that have entered into relevant agreements with the Ministry of Industry and Trade of Russia will be able to get soft loans in a wide range of areas, including investment loans for the creation of export-oriented businesses, letters of credit, factoring, and loans to foreign buyers of Russian products. The size of the subsidised interest rate will be 4.5% per annum.

Based on information by minpromtorg.gov.ru, strategy24.ru

The Ministry of Industry and Trade of Tatarstan held a meeting of the Interdepartmental Commission on Compiling a List of Regional Manufacturers that claim to sign an agreement on the implementation of corporate competitiveness improvement programmes (CCIP).

This support is carried out within the framework of the International Cooperation and Exports national project in accordance with the Resolution of the Russian Federation Government No. 191 of February 23, 2019 and aims to support republic’s export-oriented enterprises by increasing their competitiveness in global markets. Enterprises are granted subsidies from the federal budget for partial compensation of their interest rates on export credits and other similar funding instruments, as well as partial compensation of premiums under export credit insurance contracts.

The meeting was attended by representatives of the Tatarstan Office of Federal Statistics Service, the Tatarstan Office of the Russian Federal Tax Service, and the Tatarstan Presidential Commissioner for Entrepreneurs’ Rights.

The participants reviewed the documents of the exporting enterprises submitting applications for participation in the selection under the CCIP mechanism. As a result, it was decided to include 11 enterprises of the first wave in the list of regional manufacturers claiming to sign an agreement on the implementation of CCIP.