MOSCOW, October 30. /TASS/. Russian President Vladimir Putin has ordered the government to approve measures to support exports of Russian high-tech products, including providing preferential loans to foreign buyers, according to the list of instructions published on the Kremlin website after a meeting of the Presidium of the Council of State.

“Approve a set of measures to support the export of domestic high-tech industrial products, including providing loans on preferential terms for a period of more than three years to foreign buyers of these products, including subsidizing interest rates for the entire term of the loan contract,” the list of instructions says.

The instruction is addressed to the government together with VEB.RF, the Russian Export Center and commissions of the State Council with the participation of the Central Bank. The execution period is set until December 30, 2024.

According to the document, support must be provided for the “life cycle” of these products abroad, including their warranty service and maintenance and the supply of components. It is also about creating “an infrastructure outside the territory of the Russian Federation that provides such support.” Putin ordered the government to provide funding for this set of measures for the period from 2025 to 2030.