Toyota has asked Russia’s economic development and trade ministry to set zero or low import duties on vehicle components for assembly in Russia, according to Prime-Tass.
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The ministry said that it will decide on the issue within 45 days and will also have to consult the industry and energy ministry.
In early 2005 the Russian government ruled to eliminate or substantially reduce import duties on auto components for “industrial assembly” facilities that have an annual output of at least 25,000 vehicles.
Last June Toyota started building a 4bn ruble assembly plant in St. Petersburg and plans to complete construction in late 2007.
Annual production capacity of the plant is projected at 50,000 cars.
After the ruling on import duties came into effect, Russian carmaker IzhAvto started assembling Kia vehicles and Severstal-Auto started assembling SsangYongs, Prime-Tass noted.
