Automotive Industry Support in the EAEU

Abstract

The state support of the automobile industry in the EAEU member-states was analyzed within this article. Experience of three countries (the Russian Federation, the Republic of Belarus, the Republic of Kazakhstan) was used as a basis due to the fact that the support of automobile industry is the priority economic development of these countries. The measures of state support were analyzed, the potentially prohibited programs of automobile industry support that are related to the policy of import substitution in the EAEU member states were identified. Taking international experience (EU, China, USA, South Korea) into consideration the support measures were analyzed. Many of them are identical to those applied in Kazakhstan. The article deals with cases in which localization is not used as a criterion for prohibition of state support measures. It is suggested to create major corporations and companies in the scope of automobile and automobile components in order to develop the automobile sector. For this reason positive international experience of cooperation which may be used by the EAEU member states in automotive industry development is covered.