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The President signed Federal Law On Amendments to Federal Law On Industrial Policy in the Russian Federation.
Under the Federal Law, a federal executive body responsible for industry is granted the authority to support Russian organisations engaged in integrated construction of industrial facilities abroad.
The Law mandates that, when providing financial and property support, including through subsidies from the federal budget, for such construction projects in foreign countries, requirements are set for a minimum share of Russian-made industrial products to be used in these projects.
October 26, 2024