IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 12 Nov 2015 | Removal date: open ended

Production subsidy

On 12 November 2015, the Russian Government approved Decree No. 1226. It forms part its "anti-crisis plan". Its purpose is to approve the additional allocation of 4.824 billion Russian Roubles (approximately 74.48 million USD) as a partial compensation of the expenses of a Russian organisation. Specifically, the costs are related to the production of wheeled vehicles, in line with Decree No. 244/18 March 2015 of the Government of the Russian Federation.
Additionally, Decree No. 1226 approves the allocation of 1 billion Russian Roubles (approximately 15.44 million USD) for car leasing under beneficial conditions in line with Decree No. 451/8 May 2015 of the Government of the Russian Federation.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

491 Motor vehicles, trailers & semi-trailers; parts
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870310 Vehicles specially designed for travelling on snow; golf cars and similar vehicles
870321 Of a cylinder capacity not exceeding 1,000 cc
870322 Of a cylinder capacity exceeding 1,000 cc but not exceeding 1,500 cc
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc
870324 Of a cylinder capacity exceeding 3,000 cc
870331 Of a cylinder capacity not exceeding 1,500 cc
870332 Of a cylinder capacity exceeding 1,500 cc but not exceeding 2,500 cc
870333 Of a cylinder capacity exceeding 2,500 cc
870390 Other

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