IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Dec 2014 | Removal date: open ended
Still in force

Local operations

With Order Nr 2788 published on December 30, 2014, a state programme for non-commercial leasing of urban passenger transport in the Crimean Federal District was approved. The programme involves the transfer of trolleys, trams and buses running on gas fuel under leasing schemes to transport organisations at favourable conditions. The advance payment is at rate 0%, the interest rate on the lease agreement is set to 7.9%, and the lease contract term up to 5 years.
The programme requires that only Russian-made equipment may be used. The goal of the programme is to 'support the Russian machine-building organisations and to stimulate the demand for domestic appliances'. The programme will be funded under the Federal Target Program "Social and economic development of the Republic of Crimea and Sevastopol until 2020" (approved with Decree Nr 790 of the Government of August 11, 2014).
 
To fund this scheme, federal funds at the amount of 5.7 billion RUB (approximately 88 million USD) are provided from the 2015 federal budget in order to increase the capital of JSC "State Transport Leasing Company".
 
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

491 Motor vehicles, trailers & semi-trailers; parts
8702 Motor vehicles for the transport of ten or more persons, including the driver.
870210 With compressionignition internal combustion piston engine (diesel or semidiesel)
870290 Other
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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