Global Trade Alert
Global Trade Alert

Russian Federation: Additional Subsidy Allocations to Automobile and Textile Industries

Announcement

30 Mar 2018

On 30 March 2018, the Russian Government allocated additional financing to subsidy programs targeting automobile and textile manufacturers.

Source

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Number of interventions

6

6 certainly harmful

0 likely harmful

0 liberalising

List of interventions

6 in force

Implementation date

01 Jan 2018

Revocation date:

No revocation date

Local content incentive In force

On 30 March 2018, the Russian Government allocated additional financing for subsidies to leasing organizations to compensate for down payment discounts on wheeled vehicles leased out in 2018, in the a...

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Interest payment subsidy In force

On 30 March 2018, the Russian Government allocated additional subsidies to credit institutions to compensate for lost income on car purchase loans to individuals, 3 billion (USD 52 million) rubles, to...

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Production subsidy In force

On 30 March 2018, the Russian Government allocated additional money in transportation subsidies to automobile manufacturers in Far Eastern Federal Districts, 500 million rubles (USD 9 million), to pro...

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Production subsidy In force

On 30 March 2018, the Russian Government allocated additional subsidies to manufacturers of gas-fuelled automobiles, 2.5 billion rubles (USD 44 million), to stimulate the sales of 2500 cars. The above...

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State aid, nes In force

On 30 March 2018, the Russian Government allocated additional subsidies to leasing organizations to facilitate leasing of equipment to textile manufacturers, 700 million rubles (USD 12 million). The a...

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Interest payment subsidy In force

On 30 March 2018, the Russian Government allocated additional finance for loan payment subsidies to textile manufacturers, in the amount of 1 billion rubles (USD 17 million). The above tranche is not ...

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