Agribusiness Development State Programs and National Projects

Long-term expertise in state-funded programs for agribusiness, export, SME, mortgage lending support, and other

Russian Agricultural Bank is a key participant in the implementation of agribusiness development state programs

Since 2008, the National Priority Project on Agribusiness Development has been transformed into the State Program on Agribusiness Development and Regulation of Farm Produce, Raw Materials and Foodstuffs Market.

Key development guidelines within the framework of the State Program:

  • ensuring food security of the Russian Federation;

  • development of exports of agricultural products;

  • development of crop production and animal husbandry, including the introduction of innovative technologies;

  • development of the food and processing industry, including viticulture and winemaking, and the introduction of innovations;

  • development of small businesses in the agricultural sector;

  • digitalization of agribusiness industries and sub-sectors, including the introduction of artificial intelligence technologies into the agricultural sector;

  • breeding and genetics;

  • introduction of new types of services and solutions that optimize production and logistics processes.

Russian Agricultural Bank’s strategy is consistent with the State Program, which provides measures for the integrated development of agribusiness and related sectors.

National Priority Projects

RusAg engages in the implementation of Russia’s National Priority Projects – Priority Areas of the Strategic Development of the Russian Federation.

The International Cooperation and Exports national project is intended to expand the presence of Russian goods and services on global markets with the help of state regulatory instruments and industry and corporate programs, including export financing, equity financing, leasing, and long-term support measures. The government is planning to ensure competitiveness of Russian goods on foreign markets through special investment contracts and the mechanism of “first delivery support”. In the service sector, Russia will compete in IT, construction, financial services, and tourism. Bureaucratic barriers will be eliminated by updating rules for direct, mixed, and combined cargo and introducing electronic workflows.

The Small and Medium-Sized Businesses and Support for Individual Entrepreneurs national project includes five main lines of effort: improving conditions for doing business, providing access to concessional financing, accelerating SMEs, supporting farmers and agricultural cooperatives, promoting entrepreneurship as an activity. In particular, the state is planning to simplify access to financial resources for small businesses and expand the list of SMEs which provide goods and services for state-owned companies. Special attention will be given to high-tech companies, startups, and social entrepreneurs. Specialized informational services will make entrepreneurs aware about available measures of state support and will give them access to educational platforms.

The Housing and Urban Environment national project is designed to increase residential construction, to improve the mechanisms for financing this sector, to enable people to move from old inadequate accommodations to modern comfortable apartments and houses, and to carry out urban landscaping measures on a massive scale. Also, mortgage loans must become much more accessible. The project places special emphasis on managing urban environment in small towns and historical settlements.