Russia. Subsidies for transportation of agricultural products may increase

Russian Ministry of Agriculture suggests expanding the list of agricultural and food products, which transportation will be subsidized from the federal budget, as well as increasing the number of transport types, through the use of which it will be possible to receive the state support.

This measure is planned to involve transportation by water, railroad and automobile transport. Besides, it can be spread on multimodal transportation. The volume of subsidies is planned to be raised to RUB 8 billion before 2024, reports UkrAgroConsult.

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‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

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