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EEC develops "green" transport jointly with EAEU States

EEC develops "green" transport jointly with EAEU States

10/15/2020
Doing business in auto industry in difficult economic environment amid the coronavirus pandemic was discussed by attendees of the 23rd Annual Russian Automotive Forum on October 13 in Moscow.

Dina Akpanbayeva, Deputy Director of the Industrial Policy Department of the Eurasian Economic Commission, informed about the EEC’s activities on developing green transport in the Eurasian Economic Union.

Today, the Eurasian Economic Union countries are approving an action plan to promote manufacturing and use of wheeled vehicles with electric, hybrid and natural gas fueled engines within the EAEU territory for 2021-2025. The document was drafted by the Commission's Industrial Unit.

"Amid the growing need to solve the problem of environmental pollution, especially in large metropolitan agglomerations as well as the relevance of the most efficient use of available resources, the spread of green transport remains a state task," Dina Akpanbayeva considers. "Substantial support from the States is still required to launch a market for such vehicles and establish large-scale manufacture of these products within the Union’s territory".

At the forum session dedicated to export to third countries, the EEC representative told about some tools actively used to support the export of automotive products from the Union countries. This includes insurance and reinsurance of risks, financial support measures for manufacturers to create service centers and participate in international specialized exhibitions to demonstrate output products and recover expenditures for the certification and homologation of products.

"There is an obvious demand for these tools and the need to develop supranational mechanisms of financial and non-financial support for our manufacturers and to create more competitive business environment for them to enter foreign markets. I believe that the active use of the Union’s integration potential and developing new financial support mechanisms within the EAEU will help to increase the Eurasian export and improve its competitiveness," the EEC representative stressed.

For reference

The draft Action Plan to promote manufacturing and use of wheeled vehicles with electric, hybrid and natural gas fueled engines within the EAEU territory for 2021-2025 provides for:

- measures to ensure promoting the manufacture of wheeled vehicles with electric, hybrid and natural gas fueled engines, their base components as well as charging and service infrastructure facilities;

- measures to ensure promoting the use of wheeled vehicles with electric, hybrid and natural gas fueled engines.​