Russian Federation: Grain and Feed. Russian Government Intends to Support Grain Exports 2008. GAIN Report Number RS8090

摘要

In view of Russia's bumper grain crop and rapidly decreasing domestic grain prices, Russia's First Deputy Prime Minister Viktor Zubkov has approved measures aimed at supporting Russian grain exports in MY 2008. The measures include reducing grain rail tariffs, expediting VAT reimbursements, stimulating grain and flour exports, and possibly using grain export subsidies. The proposed measures have not yet been adopted by any Government Resolution, and experts consider that measures aimed at decrease of exporters' transportation and logistics expenses have higher chances to be adopted than direct subsidies.