The Russian government agrees to scrap trade rules requiring that foreign auto makers produce 350,000 vehicles annually in the country to secure reduced duties on imported components. Moscow made the concession to obtain European Union support for membership in the World Trade Organization. A special WTO working party late last week approved all bilateral agreements between Russia and the organization’s 153 members, creating one package for anticipated approval at a Dec. 15-17 ...
Premium Content (PAID Subscription Required)
"Russia Drops Auto Trade Restrictions in Bid to Join WTO" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.