According to the official portal of the Government of the Republic of Moldova, it is planned that by the end of this year the volume of exports of products of the agro-industrial complex of Mordovia will amount to almost $ 39 million. From January to October, goods worth more than $34 million were exported.
To actively promote their products to foreign markets, agricultural companies can use various state support measures, which allow them to increase the number and increase the volume.
In particular, farmers have access to a preferential short-term or investment loan. The rate on it is 1-5%.
Photo: ru.freepik.com
In addition, firms that evaluate products can receive subsidies, and companies that carry out veterinary, sanitary and phytosanitary measures, transportation, storage and testing of products. Its size depends on the volume and costs incurred and can range from 50 to 90%. A part of the costs for the production of oilseeds and for the implementation of hydro-reclamation and cultural measures is also compensated.
Another measure of support is subsidies for the construction and modernization of processing facilities.
Earlier, we talked about the fact that Mordovia is increasing the volume of exports of its products to China.