Electric transport should be promoted in EEC by tariff, non-tariff regulation – Belarus’ Industry Ministry
MINSK, Jul 12 - PrimePress. The manufacture and sales of electric vehicles should be stimulated in the Eurasian Economic Union (EEU) by the tariff and non-tariff regulation, in particular, the abolition of the zero duty on the import of electric vehicles into the EEU, First Deputy Minister of Industry of Belarus Sergei Gunko told Belneftekhim Vestnik magazine.<br> <br> According to Gunko, regulatory measures to stimulate the manufacture and sales of electric vehicles is being coordinated to be included in the draft presidential decree on electric vehicles. <br> <br> In particular, the abolition of the zero duty on the import of electric cars into the EEU would help develop domestic manufacture. “We are ready for that. We have agreements with Geely to produce Geometry C cars,” he said.<br> <br> Gunko said that the first Geely Geometry C is expected to be available to customers in the fourth quarter of 2021 at approximately $30,000 for the 550 km range version. A prototype of a commercial 3.5-tonne electric truck has been developed. The first vehicle is expected to be released by the end of 2021.<br> <br> According to Gunko, the main imported components should not be subject to customs duties. <br> <br> “We need financial instruments for leasing and lending on more attractive terms than for combustion engine cars. Also, we should offer consumers infrastructure benefits, for instance, to exempt them from road fees, parking fees, the annual tax on vehicle ownership, etc.,” said Gunko.<br> <br> The Industry Ministry also proposes to establish investment deductions for legal entities that will operate electric buses or trucks.<br> <br> As previously reported, a zero duty on the import of electric vehicles into the EEU was temporarily set on Belarus’ initiative from March 2020 to the end of 2021. So far, none of the EEU member states has proposed to extend the zero duty.<br> <br> According to Russian Kommersant daily, prepared draft amendments to the EEU Commodity Nomenclature of Foreign Economic Activity and the EEU Common Customs Tariff provide for a 15% duty on imported electric vehicles from 2022, which corresponds to the overall barrier level for passenger cars. The Association of European Business appealed to the Russian Economy Ministry, asking for an extension of the zero duty till 2024, since increased duty is contrary to the intent to support the market of electric cars in the EEC. End<br> <br>
2021-07-12
Primepress
Electric transport should be promoted in EEC by tariff, non-tariff regulation – Belarus’ Industry Ministry
According to Gunko, regulatory measures to stimulate the manufacture and sales of electric vehicles is being coordinated to be included in the draft presidential decree on electric vehicles.
In particular, the abolition of the zero duty on the import of electric cars into the EEU would help develop domestic manufacture. “We are ready for that. We have agreements with Geely to produce Geometry C cars,” he said.
Gunko said that the first Geely Geometry C is expected to be available to customers in the fourth quarter of 2021 at approximately $30,000 for the 550 km range version. A prototype of a commercial 3.5-tonne electric truck has been developed. The first vehicle is expected to be released by the end of 2021.
According to Gunko, the main imported components should not be subject to customs duties.
“We need financial instruments for leasing and lending on more attractive terms than for combustion engine cars. Also, we should offer consumers infrastructure benefits, for instance, to exempt them from road fees, parking fees, the annual tax on vehicle ownership, etc.,” said Gunko.
The Industry Ministry also proposes to establish investment deductions for legal entities that will operate electric buses or trucks.
As previously reported, a zero duty on the import of electric vehicles into the EEU was temporarily set on Belarus’ initiative from March 2020 to the end of 2021. So far, none of the EEU member states has proposed to extend the zero duty.
According to Russian Kommersant daily, prepared draft amendments to the EEU Commodity Nomenclature of Foreign Economic Activity and the EEU Common Customs Tariff provide for a 15% duty on imported electric vehicles from 2022, which corresponds to the overall barrier level for passenger cars. The Association of European Business appealed to the Russian Economy Ministry, asking for an extension of the zero duty till 2024, since increased duty is contrary to the intent to support the market of electric cars in the EEC. End