Regional Law No. 1105-OD “On state support of agro-industrial production”. Country/Territory Russian Federation Territorial subdivision Volgograd Document type Legislation Date 2005 Source FAO, FAOLEX Subject Agricultural & rural development, Food & nutrition Keyword Agricultural commodities Local government Transport/storage Credit Subsidy/incentive Fish products Processing/handling Geographical area Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific Entry into force notes This Regional Law enters into force on the date of its official publication. Abstract This Regional Law establishes basic provisions and arrangements for state support of agro-industrial production intended as production, processing and trade of agricultural commodities, raw materials and food, including fish products. It specifies that local government can take part in state support of agro-industrial production within its plenary powers. Basic principles of state support of agro-industrial production shall include state guarantees, efficiency and purposeful use of public finances. Basic measures of state support shall include: (a) subsidies for compensation of credits allocated by the Russian crediting institutions; (b) subsidies for partial compensation of agricultural insurance; (c) financial support of agricultural leasing; (d) preferential taxation of the producers of agricultural commodities; and (e) public purchase, storage, processing and trade of agricultural commodities and foodstuffs for state needs. Full text Russian Website regzakon.fpa.su