Subsidy for the implementation of measures to partially reimburse the costs related with paying interest for loans received from Russian credit institutions, for the development of aqua-culture (fish farming) and commercial sturgeon breeding

The subsidy is provided to agricultural producers under loan contracts concluded from January 1, 2014 to December 31, 2019 inclusive:

  • for a period of 1 to 3 years - for the purchase of fish food and fish seed material for the development of commercial aqua-culture (except commercial sturgeon breeding);
  • for a period of up to 10 years - for the implementation of the investment projects intended for the development of commercial aqua-culture, i.e., for building, reconstruction and (or) modernization;
  • fish farming infrastructure facilities;
  • facilities for the production of fish food and fish seed material for commercial aquaculture;
  • facilities for processing and storage of aqua-culture products;
  • for the acquisition of machinery, specialized vessels, vehicles and equipment for the breeding, keeping and growing commercial aqua-culture in accordance with the classifiers in the field of aqua-culture (fish farming), approved in accordance with part 4 of article 3 of the Federal Law No. 148-FZ ‘About aqua-culture (fish farming) and on amending the certain legislative acts of the Russian Federation’, dated July 2, 2013 

Resolution of the Government of the Republic of Karelia No. 54-P ‘On approval of the Procedure for the provision of subsidies from the budget of the Republic of Karelia for the implementation of measures to partially reimburse the costs related with paying interest for loans received from Russian credit institutions, for the development of aqua-culture (fish farming) and commercial sturgeon breeding’, dated February 20, 2021 

Source: Ministry of Agriculture and Fish Farming of the Republic of Karelia: https://mcx.gov.karelia.ru/about/887/.

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