Russia will extend the period of subsidies for the light textile industry
According to the Russian “Komsomolskaya Pravda” report not long ago, Russian Prime Minister Medvedev approved the 2016 young industry support plan. The plan mainly targets the modernization of local products and the improvement of production capacity. Subsidies for the light textile industry will be extended until 2016, first of all to partially compensate for interest payments on loans used to supplement working capital. Russia will extend the period of subsidies for the light textile industry
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