Putin instructed to study the issue of subsidies to the Russian car industry for R & d

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Russian President Vladimir Putin instructed the Cabinet together with the «export center» (REC) to consider the question of granting the Russian car industry subsidies for research and development (R & d) undertaken in order to ensure access to foreign markets, should be published on the website of the Kremlin orders.

This assignment gave Putin following the meeting with representatives of business circles of the Yaroslavl region.

«The government of the Russian Federation jointly with the REC to consider the question of granting to the Russian enterprises of automotive industry subsidies in the form of advance payments for research and development work carried out in order to ensure access to foreign markets», — stated in the order.

The report must be submitted by 1 July.

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