23 Mar 2015 17:01

Manturov: terms of industrial assembly agreements with auto manufacturers not to be reviewed

MOSCOW. March 23 (Interfax) - The conditions of agreements on industrial assembly with automobile manufacturers will not be reviewed, Industry and Trade Minister Denis Manturov said at a press conference on the results of a meeting with the prime minister.

"No, the conditions of agreements on industrial assembly will not be reviewed. Furthermore, a large part of companies, already, first of all, have either met or exceeded the level of localization, which is written as a norm in these agreements," he said.

"It is for that reason that they remain on the market and continue to produce and, accordingly, participate in our programs," Manturov added.