Russia: Government allocates over RUB 17.33 billion to subsidise purchase of local cars in 2024

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Description

On 27 November 2023, the Russian government published Federal Law No. 540-FZ on the federal budget for 2024, allocating in its Annex 12, Section 020 over RUB 17.33 billion (USD 194.62 million) to subs...

Intervention Details

Intervention Type

Localisation, nes

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Jan 2024

Revocation date

12 Sep 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

Affected Products

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