Mexican Media Brands
Russia Threatens to Limit Used-Car Imports
Russia says it may counter any new trade sanctions from the EU by imposing caps on imported used cars from the region, the Financial Times reports.
#economics
Share
Russia says it may counter any new trade sanctions from the EU by imposing caps on imported used cars from the region, the Financial Times reports.
The threat from Russia's top economic aide Andrei Belousov, reported by the state-controlled RIA Novosti news agency, came as the EU delayed a new round of trade restrictions against Russia over its role in civil unrest in Ukraine.
Several EU diplomats balked at implementing new sanctions related to Russian oil projects because of a partial cease fire between Ukraine government forces and Russian-backed rebels.
The EU has agreed instead on a late-September review of sanctions against Russia and asked the European Commission for options to amend, suspend or cancel the measures.
RELATED CONTENT
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
GM, Ford Evaluate Possible Economic Slump
General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.