Industrial Policy & Trade Monitor· 2665 actions· ✨ 90 recent

On 29 December 2025, Brazil's national development bank BNDES approved R$1.13 billion (~USD 205 million) in financing for Companhia Siderúrgica Nacional (CSN) to modernise three industrial plants at the Usina Presidente Vargas in Volta Redonda (RJ). R$625.8 million comes through the Finem credit line for sintering-plant emissions-control upgrades (new electrostatic precipitators and bag filters) that partly reimburse investments CSN made since 2023 to satisfy a Term of Adjustment of Conduct (TAC) with Rio de Janeiro's state environmental agency (INEA). A further R$500 million comes through the BNDES Mais Inovação programme for innovative machinery, IT equipment and IoT technology services. BNDES states the financing "fortalece a cadeia produtiva nacional de equipamentos" (strengthens the national equipment supply chain), giving the operation a domestic-content-preference dimension alongside its environmental/innovation financing purpose.

On 20 November 2025 Russian Prime Minister Mikhail Mishustin signed Government Order No. 3351-r, approving a list of 15 companies selected to receive a combined RUB 4.97 billion in 2025 federal infrastructure subsidies under the "New Opportunities for the Far East" federal project (part of the "Socio-Economic Development of the Far Eastern Federal District" state programme). The two largest line items — RUB 2 billion (~USD 24.7m) each, the programme's legal per-project ceiling — go to OOO "Amur Minerals" for grid connection at its planned mining-and-processing plant on the Malmyzhskoye copper-gold deposit (Khabarovsk Krai) and to OOO "Udokanskaya Med'" (Udokan Copper) for construction of a transport-storage complex at its Udokan copper mining-and-metallurgical combine (Zabaykalsky Krai). Subsidies reimburse a share of investors' capital spending on power grid connection, water/heat networks and access infrastructure, contingent on job-creation and capex targets set out in the order's annex.

On 18 July 2025 Kazakhstan's Parliament adopted Law No. 215-VIII ZRK "On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on Taxation Matters," which abolishes the legacy priority-investment-project and special-investment-contract regimes under the Entrepreneurial Code and replaces them with three new contractual instruments — the Investment Agreement, the Investment Obligations Agreement, and the Simplified Investment Contract — effective 1 January 2026. The law is the binding legal operationalisation of the October 2024 Concept of Investment Policy until 2029 (filed), the US-Kazakhstan Critical Minerals MOU of November 2025 (filed), and the EU-Kazakhstan Strategic Partnership Roadmap 2025-2026 (filed), providing a contractual-certainty architecture for the USD 150 billion FDI-attraction target that previous "priority investment project" frameworks lacked. A statutory effectiveness-evaluation obligation (first of its kind in Central Asia) for assessing the socio-economic impact of granted investment preferences enters force separately on 1 July 2026.

On 7 March 2025, President Shavkat Mirziyoyev reviewed and endorsed a three-year national programme to develop Uzbekistan's critical-minerals raw-material base, totalling USD 2.6 bn across 76 projects covering 28 rare-metal elements (tungsten, lithium, titanium, vanadium, molybdenum, magnesium, germanium, graphite, rare earths and others). The plan, presented by Minister of Mining Industry and Geology Bobur Islamov, structures the effort along a "raw materials → processing → science & technology → finished products" value chain, establishes technology parks in the Tashkent and Samarkand regions, and directs ministries to facilitate technology transfer, modern laboratories, and training centres. It is Uzbekistan's first programmatic critical-minerals push at this scale and the first Central-Asia upstream-capture filing in the IPTM register.