Russia will impose tariffs on imported cars will be normalized

According to reports in the Russian Communique, the temporary restrictive tariff imposed by Russia on imported cars will be normalized.

During the financial crisis, in order to support the domestic auto industry, Russia has temporarily raised the import tariffs on imported cars from January 1, 2009. The period of validity is 9 months, of which the new vehicle tax rate has been raised from 25% to 30%, and the used car has been defined for 5 years. Shortened to 3 years, while import tax increased from 25% to 35%. In 2009, the rule was extended for 9 months.

With the launch of the Russian-White-Kazakh Customs Union on July 1, 2010 and the effective tariff rate of the Customs Union on January 1, 2011, Russia's import tariffs have once again become the focus of attention. Russian media believes that the above temporary restrictions will be normalized. The development strategy of the Russian automobile industry formulated by the Ministry of Industry and Trade proposed that in order to promote the development of the domestic automobile industry, the implementation period of restrictive tariffs should be extended as far as possible. According to Brynkov, an outreach manager of the Russian automotive giant Volga Automobile Plant, maintaining high tariffs is related to the reorganization plan of the auto industry and reorganization takes at least five years.