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Global Trade Alert

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Russia: Subsidies to the Russian leasing companies to buy Russian cars

Description

A one billion rubles (33.3million US dollars) fund was made available to leasing companies to reimburse some of the expenses incurred from loans undertaken from 2009 to 2014. The purpose of such loans...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Sep 2009

Revocation date

31 Dec 2011

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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