UKRAINE GOVERNMENT TO ALLOCATE USD300 MILLION FOR DEVELOPMENT OF DOMESTIC TEXTILE INDUSTRY
April 1st, 2018
THE UKRAINE government is to allocate up to USD300 million towards the development of the domestic textile industry in its country over the next two years, according to officials.
A government spokesman for the ministry of economic development and trade told WTiN.com that a majority of the funds will be provided to leading Ukrainian textile producers as subsidies, both direct and indirect.
Selected Ukrainian textile producers will be grant aided to upgrade fixed plant and equipment and help them expand their raw materials supplies.
The list of producers that ...
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