Russia seeks to subsidise cost of parts imports

By Vladislav Vorotnikov2018-07-16T14:51:46

Russia’s Ministry of Trade wants foreign OEMs to continue to comply with the industrial assembly agreements drawn up under Regulation 166. The regulation, which was amended in 2010, allowed foreign carmakers to import parts at preferential rates of customs duty. However, carmakers no longer have a reason to comply with ...

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