"The figure of $9.2 billion is a guideline in the negotiating process," Alexei Gordeyev told a Cabinet meeting.
Russia is discussing state support for the agricultural sector at multilateral WTO accession talks, with the next round due July 23-27 in Geneva.
State agricultural subsidies in Russia are currently around $2 billion a year.
"Should this figure [$9.2 billion] be agreed upon, Russia will have substantial capacity to increase state support for agriculture," Gordeyev said, adding that would involve direct support, or so-called "yellow basket" subsidies.
The Russian WTO Accession project has been in progress since September 2005 and is expected to continue until the end of 2007, when Russia could finally join the organization.
Maxim Medvedkov, director for trade talks at the Economic Development and Trade Ministry and head of the Russian delegation, said last month that Russia, the largest economy outside the international trade alliance, expected to complete bilateral WTO negotiations with Guatemala, Vietnam, and Cambodia this summer.
Russia expects WTO membership to further promote its market reforms and ensure better transparency, as well as to provide a secure business environment for trade and investment. Membership will also help Russia diversify its economy, participate in projects to develop future common trade rules and secure its interests.
Other countries, including the European Union, believe Russian participation in international organizations, and in particular the WTO, will lead to a greater commitment by its political leaders to the international community and increased support for closer cooperation.
The West also expects limitations on the role of government in the domestic economy, which will improve competition and further liberalize the Russian economy.
