The Cabinet of Ministers will allocate over 7.7 billion rubles to subsidize the program of preferential loans to agricultural exporters whose products are supplied to friendly countries. The funds are intended to subsidize preferential loans previously provided to individual entrepreneurs and agricultural enterprises for the production and processing of agricultural products. This measure will allow farmers to increase the production and export of food and agricultural raw materials.
The program of preferential loans to agricultural exporters was launched in 2019 as part of the implementation of the national project International Cooperation and Export.