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: 18 Mar 2015 | Removal date: open ended
Still in force

Production subsidy

On 18 March 2015 was signed Decree Nr. 244. It concerns the local auto-industry. It forms part of the "anti-crisis plan" of the Russian Government under the state program "Development of the Industry and Fostering of its Competitiveness". A total of 10 billion Russian Roubles (ca. 162 million USD) will be allocated for partial compensation of production costs.
 
This measure is motivated by the fact that in 2014 the cost of the produced vehicles in Russia has significantly increased. Hence, the profitability and competitiveness of the Russian producers have deteriorated.

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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