THE PARTIES HAVE AGREED THE PRINCIPAL CHANGES TO THE FEDERAL LAW

Ministry of Finance, Central Bank, Ministry of Agriculture and the National Union of Agro-Insurers held a joint meeting. A meeting was held at which the issues of amending the federal law “On State Support in the Field of Agricultural Insurance…” were discussed. Its participants agreed with the cancellation of the threshold of crop destruction and with the expansion of the range of franchises. The parties positively assessed the inclusion of space monitoring in the bill, but noted that the wording requires further elaboration.

Source: Press Service of the National Union of Agricultural Insurers

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