IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 24 Nov 2016 | Removal date: 31 Dec 2016
Still in force

Public procurement localisation

The state intervention is to take place as a capital increase of "State Transport Leasing Company" ("STLC"). It is at the amount of 5,000,000,000 Russian Roubles (approximately 77,477,938 USD). These state funds are to be allocated from the 2016 state budget.

The purpose of the allocated state funds is for STLC to purchase Sukhoi Superjet-100 and Let L-410 aeroplanes and to subsequently lease them. By construction, foreign aeroplane suppliers cannot gain from these contracts. The official explanatory note that accompanies Decree No. 2493-p states that the targeted beneficiaries under these leasing contracts are the Russian aeroplane companies. 

Decree No. 2493-p is related to Decree No. 2045-p of 14 October 2015. Under the contractual terms of the latter, "State transport leasing company" had a fixed contract with Sukhoi Company for the supplies of 38 Sukhoi Superjet-100 with an option for the acquisition of additional 28 Sukhoi Superjet-100.

The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

496 Aircraft & spacecraft; parts
8802 Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles.
880212 Of an unladen weight exceeding 2,000 kg
880230 Aeroplanes and other aircraft, of an unladen weight exceeding 2,000 kg but not exceeding 15,000 kg
880240 Aeroplanes and other aircraft, of an unladen weight exceeding 15,000 kg

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