Is $25,000 the right price for Belarus-assembled Geely Atlas?

Is $25,000 the right price for Belarus-assembled Geely Atlas?

A joint meeting of both chambers of the Belarusian parliament was held in the Oval Hall December 20.

During two hours the deputies and senators asked more than 20 questions. Deputy PM Vladimir Semashko answered them.

One of the most important points is that Belarus has fully settled the issues of oil supplies from Russia. Belarus has received guarantees for the supply of 24 million tons per year.

The Belarusian car Geely has also been discussed. 

The government notes that Belarus-assembled Geely price is competitive in comparison with similar models of other manufacturers.

Vladimir Semashko, Deputy Prime Minister of the Republic of Belarus:
In any business there is a concept of cost. Why do we build factories? In order to create jobs, to give birth to a new taxpayer, in order to give people a more competitive product in all respects, including in terms of technical parameters, reliability and price. We have named the price - from $17,000 to $25,000. This is an absolutely competitive price, a draft presidential decree has been prepared, where the state will subsidize the purchase of these cars a bit, in order to promote them in the market. The draft has been prepared, agreed with everyone and it will be submitted for signing in the next couple of days. We will support the Belarusian buyer.

MORE: Geely Atlas price announced. Where to buy it in Belarus?