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Arctic and Far Eastern regions to receive over 226 million rubles to boost exports
Arctic and Far Eastern regions to receive over 226 million rubles to boost exports
Arctic.ru: Discover how Russia implements its development goals in the Arctic and the Far East
2026-10-17T12:04
2026-10-17T12:04
2026-10-28T14:27
news
russian government
industry and trade ministry
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The Russian Government has allocated more than 1.7 billion rubles from its reserve fund to support regional export development projects. Of this amount, 108.6 million rubles will go to Arctic regions, while approximately 117.5 million rubles will be allocated to the Far Eastern regions. Prime Minister Mikhail Mishustin has signed the relevant directive.“The measures cover every stage of an export transaction, from consultations to participation in international trade fairs and assistance with listing products on foreign platforms. This helps businesses find trading partners in promising markets more quickly and adapt to local regulations and requirements,” the statement reads.The initiative also covers projects carried out by small and medium-sized businesses with support from regional export support centers.Under the directive, exports from these regions facilitated by export support centers are expected to reach at least $38.165 million.The Ministry of Industry and Trade must conclude subsidy agreements within 30 calendar days of the directive’s issuance. It will also monitor the targeted and efficient use of the funds and submit a report to the Government by March 1, 2027.
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2026
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Arctic and Far Eastern regions to receive over 226 million rubles to boost exports
The Russian Government has allocated more than 1.7 billion rubles from its reserve fund to support regional export development projects. Of this amount, 108.6 million rubles will go to Arctic regions, while approximately 117.5 million rubles will be allocated to the Far Eastern regions. Prime Minister Mikhail Mishustin has signed the relevant directive.
“The measures cover every stage of an export transaction, from consultations to participation in international trade fairs and assistance with listing products on foreign platforms. This helps businesses find trading partners in promising markets more quickly and adapt to local regulations and requirements,” the statement reads.
The initiative also covers projects carried out by small and medium-sized businesses with support from regional export support centers.
Under the directive, exports from these regions facilitated by export support centers are expected to reach at least $38.165 million.
The Ministry of Industry and Trade must conclude subsidy agreements within 30 calendar days of the directive’s issuance. It will also monitor the targeted and efficient use of the funds and submit a report to the Government by March 1, 2027.
