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DFO regions will receive federal money for export projects and farmers support - EastRussia | Far East

Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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DFO regions will receive federal money for export projects and farmers support

This year, the regions of the Far East will be additionally allocated from the federal budget 521,7 million rubles to support farmers and develop rural cooperation. According to the authorities, this will allow engaging in the small and medium business in the DFO about 1 360 people. This was stated by the head of the Ministry of Agriculture of Russia Dmitry Patrushev at a meeting in Vladivostok.

In total, up to 2024, the Far East will receive 3,73 billion rubles of state support in the Far East. The Ministry of Agriculture of Russia is ready to help regional projects. On the implementation of export projects, the department provided 406 billion rubles. Part of this money will be sent to the subjects of the FEFD. According to the press service of the Ministry of the East Development, the Ministry of Agriculture also intends to commission fallow lands and more actively develop the fish industry in the Far East.

Following the meeting, Deputy Prime Minister - Presidential Plenipotentiary in the Far Eastern Federal District Yury Trutnev instructed the Ministry of Eastern and Eastern Development and the Ministry of Agriculture to develop proposals for providing investors with loans to TOR and the free port of Vladivostok who are engaged in the agricultural sector with preferential loans. The Ministry of Agriculture should also provide for state support mechanisms that stimulate the cultivation of wheat. In addition, the agency should work out the possibility of signing an agreement with China to increase the supply of grain and leguminous crops from the DFO. Yury Trutnev instructed the ministry to help businesses with funding for land reclamation. The plenipotentiary instructed the Agency of the Far East to attract investments and support exports to update the work with investors in the field of animal husbandry and find new trading partners for the sale of grain.