Global Trade Alert
Global Trade Alert

Russia: Volkswagen secures government authorisation to exit the Russian market

Announcement

19 May 2023

In May 2023, Volkswagen Group announced that it had received the Russian government's authorisation to divest from Russia.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

19 May 2023

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 19 May 2023, Volkswagen Group announced that it had secured the authorisation of the Russian government to sell its shares in its Russian subsidiary Volkswagen Group Rus LLC. This includes the latt...

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