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Russian Animal Health Companies to Receive State Support

Russian manufacturers of veterinary drugs, feed additives, and enzymes are set to be added to the roster of beneficiaries of state assistance. The proposal was put forth in a draft legislation presented to the State Duma by a group of lower house deputies on Wednesday, May 22. Notably, State Duma deputies Alexey Gordeev and Vladimir Plotnikov are among the authors of the document.

Russian Animal Health Companies to Receive State Support
Photo by Alexander Plonsky /V&L

The authors of the draft emphasize that the Russian Ministry of Agriculture currently provides state support to assist farmers in both the production and processing of agricultural products, as well as to companies involved in the primary and subsequent processing of such products.

Producers of amino acids, animal vitamins, and veterinary drugs are currently not eligible for state support, despite the vital role their production plays in ensuring the nation’s food security. Importantly, there is a significant dependency on imports for these products. It’s worth noting that the Russian Ministry of Agriculture has set a target to achieve a 70% level of independence from imported veterinary drugs by 2030.

To address this issue, amendments to the law on agricultural development are being proposed. It is expected that these changes, if adopted, will come into force on September 1, 2024.

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English version, 29 May 2024 03:03
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