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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