ANNOUNCEMENT 10 Dec 2015

In December 2015, the government of the Russian Federation announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Order No. 1809 of 2 July 2015 of the Ministry of Industry and Trade of the Russian Federation and
Order No. 3988 of 10 December 2015 of the Ministry of Industry and Trade of the Russian Federation are available in Russian language in the provided file:
http://eximbank.ru/hitech/list.pdf


http://eximbank.ru/hitech/

029-2007
http://classinform.ru/

Inception date: 10 Dec 2015 | Removal date: open ended

State loan

Order No. 3988 of 10 December 2015 of the Ministry of industry and Trade of the Russian Federation that amends Order No. 1809 of 2 July 2015 of the Ministry of Industry and Trade of the Russian Federation extended the list of high-tech works and services which the state Eximbank of Russia can finance as part of credits for support of the high-tech industry.
 
Concretely, as hi-tech works and services were added, the related to:

  • Car manufacturing
  • Production of car bodies; production of trailers, semi-trailers and containers for transportation purposes (one or several types of transport)
  • Manufacture of parts and accessories of motor vehicles and their engines
  • Other machinery for transportation, grading work, planning, scraper work, excavation, tamping, compacting or extracting, self-propelled, for earth, minerals or ores (including bulldozers, shovel excavators and road rollers)
  • Machines for excavation and construction
  • Equipment for manufacturing of food, beverages and tobacco products
  • Vehicles
  • Bodies of motor vehicles; trailers and semi-trailers
  • Parts and accessories for motor vehicles
  • Bicycles and other vehicles without engines
  • Wheelchairs, except for parts and accessories
  • Motorcycles.

Since the document does not state that these services are related to production, no HS codes for the respective goods are selected.
The interested reader is referred to the provided related GTA report No. 11665 for the coverage of the initial state intervention.

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 SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A