REC will select exporting companies for state support of transportation

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JSC Russian Export Center (REC) has begun selecting exporters of industrial products to receive support for transportation in 2021. This was announced by the press service of the organization on August 10.

The program aims to reduce the cost of transporting products for companies.

The selection is carried out within the framework of the decree of the Russian government dated April 26, 2017 No. 496 and will last until August 31, 2020. Exporters (manufacturers, their authorized and affiliated persons) of high-tech products, whose activities comply with the list of products approved by order of the Ministry of Industry and Trade No. 2095 of July 2, 2020, can participate.

The amount of state support for one company can be up to 500 million rubles, but should not exceed 11% of the cost of the equipment supplied.

According to the vice-president of REC Sergei Vologodskiy, the special logistics program is the most popular among Russian industrial organizations. Today it is especially relevant to them. “Thanks to the latest update of the list of products that can be supported under such a program, access to the program has been expanded for manufacturers of complex mineral fertilizers, cellulose, fuel pellets, building materials, and other products,” the press service quoted him as saying.

To participate in the qualification selection, companies need to prepare an application and send a set of documents to REC. A complete list of documents and requirements for them can be found in a special section on the center’s website.

After checking the application, the organization will be admitted to ranking, according to the results of which it will be included in the register of subsidy recipients. The results of the qualification selection will be posted by the Ministry of Industry and Trade in the State Information System of Industry (GISP).

In September 2019, REC received applications from exporters for compensation for transportation within a month. Then it was planned to give priority to companies in the machine-building industry, which provided for a 48% subsidy.

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