Global Trade Alert
Global Trade Alert

Russian Federation: State guarantees for investment projects of the local automobile industry

Announcement

11 Aug 2014

In August 2014, the government of the Russian Federation announced a change in private-sector financial support.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

11 Aug 2014

Revocation date:

No revocation date

Loan guarantee In force

With Order 1502-p of August 11, 2014, were provided nine state guarantees totalling not more than 35 billion roubles (ca. 0.96 billion USD) related to loans of the local open joint stock company "KAMA...

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