Global Trade Alert
Global Trade Alert

Russia: Government allocates an additional RUB 18.4 billion to support preferential wheeled vehicle leasing and purchase of local cars (December 2024)

Announcement

11 Dec 2024

In December 2024, the Russian government announced the allocation of RUB 9.7 billion (USD 91.94 million) to a state aid scheme subsidising preferential wheeled vehicle leasing. In addition, RUB 8.7 billion (USD 82.35 million) will be allocated to a state aid scheme subsidising the purchase of local cars by natural persons.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

11 Dec 2024

Revocation date:

No revocation date

Localisation, nes

On 11 December 2024, the government of the Russian Federation published Decree No. 3664-p allocating an additional RUB 9.7 billion (USD 90.92 million) to subsidise the preferential wheeled vehicle lea...

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State aid, nes

On 11 December 2024, the government of the Russian Federation published Decree No. 3664-p allocating an additional RUB 9.7 billion (USD 90.92 million) to subsidise the preferential wheeled vehicle lea...

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Localisation, nes

On 11 December 2024, the government of the Russian Federation published Decree No. 3664-p allocating an additional RUB 8.7 billion (USD 81.55 million) to subsidise discounts for the purchase of new lo...

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