IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 29 Dec 2012 | Removal date: open ended
Still in force

Loan guarantee

On December 29, 2012, the Government of the Russian Federation approved Order 2610- with which it authorises Vnesheconombank (Bank for Development and Foreign Economic Affairs) to finance and provide financial guarantees to organisations involved in the implementation of tasks of state defence orders and federal programs in the field of defence and security. 
 
The protectionist elements of present the state measure should be analysed in connection with the Federal Law FZ 275 (GTA measure Nr. 4060). With this law the Russian government limits the access of foreign producers of arms and military equipment in Russian state defence orders. Foreign manufacturers are not allowed to be the prime contractor in such orders. Consequently, the loan recipients and beneficiaries of the financial guarantees of Vnesheconombank will be Russian companies.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

429 Other fabricated metal products
8301 Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys for any of the foregoing articles, of base metal.
830110 Padlocks
830120 Locks of a kind used for motor vehicles
830130 Locks of a kind used for furniture
830140 Other locks
830160 Parts
830170 Keys presented separately
8302 Base metal mountings, fittings and similar articles suitable for furniture, doors, staircases, windows, blinds, coachwork, saddlery, trunks, chests, caskets or the like; base metal hatracks, hatpegs, brackets and similar fixtures; castors with mountings
830210 Hinges
830220 Castors
830230 Other mountings, fittings and similar articles suitable for motor vehicles
830241 Suitable for buildings
830242 Other, suitable for furniture
830249 Other
830250 Hatracks, hatpegs, brackets and similar fixtures
830260 Automatic door closers

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