Russia: Injection of 3 billion rubles (67 million Euro) into Russian titanium producer VSMPO-Avisma
Description
Russian Prime Minister Vladimir Putin signed a ruling (Government Decree #1466-p issued 8 October 2009) to inject 3 billion rubles (67 million Euro) into Russian titanium producer VSMPO-Avisma.
The ruling is part of the program to develop the aircraft-building sector, the Industry and Trade Minister Viktor Khristenko said.
The company is the world’s largest titanium product producer, with exports accounting for 80% of its sales. The world’s largest aircraft-building companies are the key customers of VSMPO-Avisma.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception: 8 Oct 2009
GTA Evaluation: Red
Source:
Government Decree #1466-p issued 8 October 2009
Government Response:
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