Russia: Injection of 4,4 billion rubles (97 milllion Euros) into the charter capital of the Science Corporation "Uralvagonzavod"

Measure #0945 | Published 19 Nov 2009 ▲

Description

Russian Prime Minister Vladimir Putin has signed a ruling (the Government Decree # 1346-p from 15 September 2009) to inject 4,4 billion rubles into the charter capital of machine building plant "Uralvagonzavod" (http://uvz.ru/rus/index_1024.htm). Currently the plant produces more than 100 types of civilian and military goods: defense machinery, tanks, rockets, wagons, cisterns,  road-building machines and others. The plant was built in 1936 and was one of the first ones in the Russian industrialization process. Nowdays the company requires the funds to implement its financial bailout program and improve its operations.

The industry is one of the strategic for the development until the year 2020 according to the "Long term concept of socio-economic development of the Russian Federation until 2020" (Government Decree from 17 November 2008 #1662-p).

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? Yes
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?

Implementing Jurisdiction:

Affected Trading Partners:


[view 36 more jurisdictions]

Measure type:

Affected Sectors:

Affected Tariff Lines:


[view 14 more tariff lines]

(mouse over for more info)

Date Discovered:

Implemented: Yes

Date of inception: 15 Sep 2009

GTA Evaluation: Red

Source:

Government Decree # 1346-p dated 15 September 2009

Government Response:

Glossary of trade terms