The Ministry awaits the doubling of export of the Russian cars by 2020

The Ministry awaits the doubling of export of the Russian cars by 2020


According to Minister of industry Denis Manturov, the Agency also expects that by 2025 the share of exports in total production would increase from the current 7.7% to 25%.

TOGLIATTI (Samara oblast), 22 Jan. The Ministry of industry and trade expects the growth of export of the Russian cars by 2020 twice, and also looks forward to 2025 to increase the share of exports in total production from today’s 7.7% to 25%, said the head of the Ministry Denis Manturov.

“Another promising trend is the increasing exports, especially given the current exchange rate. In the medium term, three to five years, it will be necessary to provide support for the vector mode of the current budget commitments that will allow by 2020 to increase supplies to foreign markets doubled, and by 2025 we aim to increase the share of exports in total production from today’s 7.7% to 25%”, — said the Minister at a meeting on developing the auto industry of the Russian Federation.