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ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of November 1, 2008 No. 803

About approval of Rules of provision of the state guarantees of the Russian Federation in foreign currency for rendering the state support of export of industrial output (goods, works, services)

(The last edition from 02-12-2015)

The government of the Russian Federation decides:

1. Approve the enclosed Rules of provision of the state guarantees of the Russian Federation in foreign currency for rendering the state support of export of industrial output (goods, works, services).

2. According to part 4 of article 22 of the Federal law "About the Federal Budget for 2008 and for Planning Period of 2009 and 2010" to determine that the Ministry of Finance of the Russian Federation has the right within the amounts determined by the Program of the state guarantees of the Russian Federation in foreign currency for 2008 to provide in 2008 the state guarantees of the Russian Federation in foreign currency for support of export of industrial output in the amount of which is not exceeding the amount equivalent to 50 million US dollars on each state guarantee of the Russian Federation.

3. To the Ministry of Finance of the Russian Federation in case of project development of the Federal Law on the federal budget for the next financial year and for planning period to provide funds for obligation fulfillment on the state guarantees of the Russian Federation in foreign currency provided for rendering the state support of export of industrial output (goods, works, services).

4. Declare invalid Item 15 of the order of the Government of the Russian Federation of November 14, 2007 N 778 "About measures for implementation of the Federal Law "About the Federal Budget for 2008 and for Planning Period of 2009 and 2010" (The Russian Federation Code, 2007, N 48, the Art. 6000).

5. The "Development Bank and Foreign Economic Activity (Vnesheconombank)" state corporation to perform functions of the agent of the Government of the Russian Federation concerning provision and execution of the state guarantees of the Russian Federation for rendering the state support of export of industrial output (goods, works, services), including concerning conducting analytics of the provided state guarantees of the Russian Federation, obligations of principal, his guarantors (guarantors) and other persons in front of the Russian Federation on behalf of the Ministry of Finance of the Russian Federation who arose in connection with provision and execution of the state guarantees of the Russian Federation and also concerning financial analysis and debt collection of specified persons.

6. To the national specialized Russian export-import bank (joint-stock company) to perform functions of the agent of the Government of the Russian Federation concerning ensuring the state support of export of industrial output (goods, works, services) (except for questions of provision and execution of the state guarantees of the Russian Federation) according to the Rules of provision of the state guarantees of the Russian Federation in foreign currency for rendering the state support of export of industrial output (goods, works, services) approved by this resolution.

Russian Prime Minister

V. Putin

 

Approved by the Order of the Government of the Russian Federation of November 1, 2008 No. 803

Rules of provision of the state guarantees of the Russian Federation in foreign currency for rendering the state support of export of industrial output (goods, works, services)

I. General provisions

1. These rules determine procedure and conditions of provision of the state guarantees of the Russian Federation in foreign currency for rendering the state support of export of industrial output (goods, works, services) (further - the state guarantees), and also procedure and conditions of obligation fulfillment on the state guarantees.

2. According to these rules the state guarantees are provided in ensuring obligation fulfillment:

a) importers on the payment delivered under the export contracts signed by importers with the Russian exporters, industrial output (goods, works, services);

b) importers on the credits (regarding return of credit amount (repayment of principal debt) and (or) interest payment for use of the loan), attracted by importers in foreign currency on the purpose of payment of industrial output (goods, works, services) under the export contracts signed by importers with the Russian exporters;

c) the Russian exporters on the credits (regarding return of credit amount (repayment of principal debt) and (or) interest payment for use of the loan), attracted by the Russian exporters in foreign currency on the purpose of production of the industrial output (goods, works, services) exported by them;

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