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Russian authorities to stimulate rice planting

Measures are being implemented to support operations and investments, including subsidized loans, the official stated

MOSCOW, March 5. /TASS/. Russian authorities are exploring measures to stimulate rice planting, Deputy Prime Minister Alexander Novak said.

"We are working on measures to stimulate rice production on account of opening of high-margin export markets," Novak said.

The main risk in agriculture is the increase of the prime cost amid high returns, the official said. Measures are being implemented in this regard to support operations and investments, including subsidized loans, Novak added.