RUSSIA’S CAR PARTS SECTOR FACES TOUGH EU COMPETITION AS RUSSIAN WTO MEMBERSHIP STARTS TO BITE
July 1st, 2012
BY ALAN OSBORN, IN LONDON; AND KHRISTINA NARIZHNAYA, IN MOSCOW
A DEAL agreed between the 27 member countries of the European Union (EU) and Russia to help safeguard European sales of auto parts to that country is set to underpin the assault by the European motor industry on one of its biggest export markets targets. The agreement is part of the overall global deal allowing Russia to join the World Trade Organization (WTO). It is designed to help EU parts makers defend themselves against Moscow's auto investment program which gives foreign auto manufacturers ...
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