Foreign Cars to Get Cheaper after Russia’s Entrance to WTO
Russia promises to decrease the import duties on foreign cars to 15%.
The rate of the foreign duty on offroaders with the engine capacity of more than 4.5 liters is to decrease to 12% within seven years.
Officials say that the period of transition will enable Russian plants to get ready for the competition with foreign concerns.
But experts are certain that the declining rates will have a negative effect on the national automotive industry.
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