Russia » Economics
Author`s name Michael Simpson

Duties to Deprive Russia of Good Foreign Cars? - Comments

Introduction of a new government decree may reduce the number of foreign cars imported to RussiaA government decree "On leveling of customs payments made by companies and individuals while exporting second-hand foreign cars to Russia" came into force on July 24, 2003. According to customs authorities, soon after introduction of the new government decree export of foreign cars to Russia will be stopped almost completely. The slowdown will continue within the period of August – September 2003. Introduction of the visa regime by Lithuania and changes made in the transit regulations by Poland may become another negative factor that will influence the volume of exported foreign cars

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