Russia has opened the door for manufacturers of automotive components

Automotive Proizvodstvo30-10-2008, Russia has opened the door for manufacturers of automotive components is finished - Russia officially refuses moratorium on signing new agreements on industrial assembly of automotive components for cars on its territory. The corresponding order has been signed in the Ministry of Economic Development, Ministry of Industry and Ministry of Finance. Recall government decree of 2006 automotive manufacturers are entitled to a minimum fee (from 0% to 3% instead of 5-20%) to import components for assembly of parts and components of vehicles. The main condition was the localization of production of parts at 30% after three and a half years since the signing of the agreement. This mode, in which Russia employs all the plants of foreign automakers, has been abolished in the fall of 2007 as contrary to the norms of the World Trade Organization. WTO rules do not imply the creation of favorable conditions "selected" companies (decisions about whom to admit to build factories in Russia and who was not, was taken at the very top).