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: 02 Jul 2015 | Removal date: open ended
Still in force

Production subsidy

On 2 July 2015 entered into force Decree No. 669 of the Government of the Russian Federation. It amends Decree No. 244 of 18 March 2015 (see the related GTA measure).Concretely, Decree No. 669 provides additional 5 billion Russian Roubles (approximately 87.38 million USD) in aid to Russian organisations that was not foreseen in Decree No. 244. The aid shall compensate part of the cost associated with the production of vehicles.
 
The amendment is in accordance with the "anti-crisis'plan of the Government and forms part of the state program "Developmentof the industry and increase of its competitiveness". In Decree No. 669 is written that the taken 'decision will provide for an additional capacity utilisation of the Russian auto enterprises'.

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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