Global Trade Alert
Global Trade Alert

Russia: Government allocates an additional RUB 1.2 billion to subsidise purchase of local cars in 2023

Announcement

02 Nov 2023

In November 2023, the Russian government reportedly announced the allocation of an additional RUB 1.2 billion (USD 12.91 million) to a state aid scheme subsidising the purchase of localised cars by natural persons.

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

02 Nov 2023

Revocation date:

No revocation date

Localisation, nes

On 2 November 2023, the Russian Ministry of Industry and Trade reportedly announced the allocation of an additional RUB 1.2 billion (USD 12.91 million) to subsidise discounts for the purchase of new l...

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