On measures to accelerate the development of agricultural engineering, state support for the provision of the agricultural sector with agricultural machinery

In accordance with the Decree, a new procedure for state support of agricultural mechanization is being introduced:

1. In 2019–2021 subsidies are provided in the amount of 15% of the cost of equipment for the purchase by agricultural enterprises of agricultural equipment produced in the country with a localization level of at least 20%;

2. Compensated for 80% of transportation costs for the transport of combines for the provision of services abroad (export of services).

In 2019, 60 billion soums will be allocated for this, and in subsequent years, based on needs. The mechanism for implementing these measures will be reflected in a separate document, which will be developed and submitted to the Cabinet of Ministers within a month.

To finance the supply of domestic agricultural machinery on lease and credit, credit lines of international financial institutions and foreign commercial banks in the amount of $ 60 million will be sent.

You can read the full text of the Regulation in Russian here.