Russia: Subsidies to the Russian leasing companies to buy Russian cars

Measure #1487 | Published 7 Jun 2010 ▲

Description

A one billion rubles (33,3 million US dollars) fund was made available to leasing companies to reimburse some of the expenses incurred from loans undertaken during 2009 to 2014, where the purpose of such loans was to buy the Russian domestically produced cars. The budget for this fund in subsequent years will be: 
In 2010 – 1,4 billion rubles = 46,7 millon US dollars
In 2011 – 1035220000 rubles = 34,5 million US dollars

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? Yes

Implementing Jurisdiction:

Affected Trading Partners:


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Measure type:

Affected Sectors:

Affected Tariff Lines:

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Date Discovered:

Implemented: Yes

Date of inception: 1 Sep 2009

Duration: 29 months

GTA Evaluation: Red

Source:

the Government Decree # 546 from 7 July 2009 - http://www.rg.ru/2009/09/01/lizign-dok.html

Government Response:

Glossary of trade terms