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Global Trade Alert

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Russia: Volkswagen secures government authorisation to exit the Russian market

Description

On 19 May 2023, Volkswagen Group announced that it had secured the authorisation of the Russian government to sell its shares in its Russian subsidiary Volkswagen Group Rus LLC. This includes the latt...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

19 May 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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Threads

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