04:43 21-10-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Russia may reportedly ban import of cars if new sanctions applied

Bishkek (AKIpress) - cars Russia may tighten retaliatory sanctions against western nations to include a ban on imports of cars, among other things, if the United States and the European Union impose additional sanctions on Moscow, The Times of India reported referring to Russia's Vedomosti daily newspaper.

Following Russia's stand off over Ukraine, western nations imposed sanctions on Moscow including on its financial and energy sectors, and put dozens of Russians close to President Vladimir Putin on a sanctions list.

Imported vehicles accounted for 27% of sales of passenger cars in the first half of 2014, for trucks imports accounted for 46%, and 13% for buses, according to Vedomosti.

Russia, which denies allegations it is arming separatist rebels in eastern Ukraine, may thus fully or partly ban imports of cars.

The new ban would not apply to foreign automakers' production inside Russia. Ford, Volkswagen, Ford Renault, Toyota and Hyundai Motor Co all have production facilities inside the country.

Proposals for new measures had already been sent to Putin for consideration but no decision had been taken to prepare any new sanctions yet. New trade restrictions are possible in case western nations impose additional sanctions on Moscow.

Russia has already imposed ban on certain agricultural imports from the European Union, the United States, Australia, Canada and Norway.

The Government could also introduce protective measures in aircraft, shipbuilding and automotive industries.


Twitterfacebookprint
12:37 18.08.2014
LATEST NEWS
17:59 Tajik law enforcement officers hunt for more than 90 people on charges of involvement in terrorism17:48 Russian Federal Council Chairperson arrives in Bishkek17:45 Court announces Electric Stations official guilty of receiving $10,000 bounty for signing agreement on power export with Kazakh firm17:31 Officials of Social Fund, State Registration Service issued new passports with changed personal information for those with criminal records17:29 Fiercest fighting in days hits Syrian border town17:20 Kazakhstan ratifies ILO Promotional Framework for Occupational Safety and Health Convention17:18 Tajik Parliament to consider amnesty bill on October 2917:02 Kyrgyz fighters win 8 gold medals at MMA tournament in Russia16:50 Association of Miners and Geologists of Kyrgyzstan calls freezing of Centerra Gold Inc. shares 'unlawful'16:46 Banks in Kyrgyzstan meet needs in loans for 25% - Economy Minister16:45 President of Tajikistan submits amnesty bill to Parliament that will apply to 10,000 convicts16:39 SDPK leader accuses Ata Meken faction of double standards16:34 Kazakhstan allocates 100 bln tenge for small and medium business support - Baiterek16:34 Revenue part of Kyrgyzstan's budget for 2015 depends upon external factors16:24 President Atambayev speaks for resolute measures to protect Kyrgyzstan's interests in Kumtor project16:22 WHO declares Nigeria free of Ebola after six weeks of no new cases16:05 Parliamentary committee approves toughening of administrative penalties for violation of state border regime15:56 President Atambayev, Finance Minister Lavrova discuss priorities of draft budget for 201515:50 New York hosts conference on Treaty on Nuclear-Weapon-Free Zone in Central Asia15:48 Economy Ministry proposes establishment of state-owned mortgage company with 10 million som charter capital
Astana
+2° C
Ashgabat
+20° C
Bishkek
+11° C
Dushanbe
+22° C
Tashkent
+17° C
exchange rates
 
71.01
55.33
9.04
1.35
231.50
181.50
29.64
4.43
6.38
4.99
0.82
0.12
3084.28
2367.40
385.74
61.13
3.63
2.85
0.47
0.07

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75