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Russia to launch infrastructural program for exporters — official

According to Artur Galiullin, a program will be launched to create points of industrial presence

UFA, November 24. /TASS/. The Russian Ministry of Industry and Trade will launch in 2024 a program of creating points for industrial presence of the Russian business in friendly countries, deputy department director Artur Galiullin told TASS on the sidelines of the International Business Week in Ufa.

"We will expand opportunities for export transactions insurance via the Export Insurance Agency of Russia (EXIAR) - we will allocate more funding for the opportunity of making trade transactions and projects in developing countries. Secondly, a program will be launched to create points of industrial presence - these are industrial park, trade and logistical centers, and ports infrastructure, which will make it possible to expand presence of our business in friendly countries," Galiullin said.

All the funds planned to implement the National Project of Industrial Cooperation and Export and the Industrial Export project in 2024 will be allocated, he added.

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Trade & Cooperation

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