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Global Trade Alert

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Russian Federation: Government approves subsidy targeting Russian cars (COVID-19)

Description

On 23 June 2020, the Russian government announced a new measure of support to the local automobile manufacturing industry, by boosting consumer demand. The subsidy is formally issued to the bank which...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

28 Jun 2020

Revocation date

No revocation date

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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