Duties Lifted For Light Helicopters in Eurasian Economic Union

Duties Lifted For Light Helicopters in Eurasian Economic Union

19-Oct-2016 Source: HeliHub.com

The Council of the Eurasian Economic Commission has lifted the customs duties on helicopters with empty weight of up to 1 ton. The countries of the Eurasian Economic Union, such as Russia, Belarus, Armenia, Kyrgyzstan and Kazakhstan will be affected by this temporary lift, which will run until the end of 2017.

The decision was made in order to create better economic conditions in the aviation sector, reduce debt and allow for more funds to be used for investment purposes, reports Russian Aviation Insider.

R44 and R66 light helicopters will be affected by this new decision, as well as encouraging the assembly of Bell-505 helicopters. Russia and the CIS have border 12 of these helicopters, with a deadline of around June 2017.

 

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