ANNOUNCED AS TEMPORARYNo
From 9 February 2010, according to matters laid out in the Government Decree #533/1018/137 of 18 December 2009, stricter conditions for the production of cars by foreign firms in the territory of the Russian Federation were introduced. From now on, the import tariff discount for car parts will only be given to the companies which produce cars in Russia(involving the full cycle of assembling) of all car models (not just some of the models like before).
In 2006-2007 the Russian Government introduced special import tariff discounts to create incentives for foreign firms to produce cars at the territory of the Russian Federation. The companies which were producing cars in Russia were importing car parts at 0 or 5% import tariff (instead of 30 percent - usual rate). The companies that took up this offer also had to commit within 24 months to reduce the import of car parts by 10 percent. Over the following 4.5years these firms also had to commit to reduce import of car parts by 33 percent.
⚑ Please report this page in case you detect an inaccuracy in its content.