Russia may restrict import of used cars
The Russian government is planning a campaign to support the national car industry to put competitive pressure on foreign made cars, especially used foreign-made cars.
Prime Minister Vladimir Putin approved the introduction of prohibitive import tariff rates for cars made more than five years ago. In additional, the insurance cost and the tax for old cars will be raised too, according to media reports on the Internet.
The current prohibitive import tariff is applied to the cars made seven years ago of more.
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