Global Trade Alert
Global Trade Alert

Russia: Government allocates over RUB 36 billion to subsidise purchasing local cars in 2025

Announcement

01 Dec 2024

In December 2024, the Russian government allocated over RUB 36 billion (USD 334.15 million) in state aid to subsidise discounts for purchasing new local cars by natural persons in 2025. It constitutes a RUB 12.17 billion (USD 112.96 million) increase compared to the total regular budget of this state aid scheme in 2024, which was over RUB 23.83 billion (USD 221.19 million).

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2025

Revocation date:

No revocation date

Localisation, nes In force

On 1 December 2024, the Russian government published Federal Law No. 419-FZ on the federal budget for 2025, allocating in its Annex 12, Section 020 over RUB 36 billion (USD 334.15 million) to subsidis...

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