Global Trade Alert
Global Trade Alert

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

Announcement

01 Sep 2009

In September 2009, the government of Russia announced a change to private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Sep 2009

Revocation date:

No revocation date

Interest payment subsidy

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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