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04 Jan
14:15

Russia allocates additional support to automotive industry

Russia’s government will additionally allocate RUB 39 billion ($426 million) to the Industrial Development Fund (IDF) to support the Russian automobile industry, says Prime Minister Mikhail Mishustin. “We will provide additional support to help our enterprises quickly develop the missing competencies and fully guarantee the stable operation of conveyor lines under sanctions,” he noted during the last cabinet meeting of 2023. “A significant …
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