Official says AEB asks Russia not to raise car recycling fee С20 - Transport & Automobile - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Official says AEB asks Russia not to raise car recycling fee С20

MOSCOW, Oct 7 (PRIME) -- The Association of European Businesses (AEB) has asked Deputy Prime Minister Dmitry Kozak not to raise the recycling fee on cars in 2020, an AEB representative told PRIME on Monday.

УI confirm sending of the letter to Kozak with a request not to index the recycling fee,Ф the official said.

The fee is designed to protect the environment by paying to recyclers for destroying old cars. The World Trade Organization (WTO) earlier demanded that Russia make local car producers and importers pay a 17,200Ц450,000 ruble fee, but local car manufacturers received new state subsidies when the regulation appeared.

The AEB has recently reduced the forecast for 2019 Russian imports of new car and light commercial vehicle (LCV) to 1.76 million ifrom 1.87 million.

(65.0300 rubles Ц U.S. $1)

End

07.10.2019 13:53
 
 
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