​Russian Businesses ask the Ministry of Industry and Trade to extend parallel imports to 2023

​Russian Businesses ask the Ministry of Industry and Trade to extend parallel imports to 2023
Photo: freepik.com 29.08.2022 71

The Association of Internet Commerce Companies is preparing a letter to the Ministry of Industry and Trade  of Russian Federation with a proposal to extend the parallel imports for 2023. The president of the association, Artem Sokolov, said this in an interview with Izvestia.

"It is enough to look at any website of an online store or an online platform to be convinced: parallel import works, it is important and necessary. Thanks to it, the range of goods has been preserved and is expanding. Consumers can get virtually any product despite the sanctions," 

said Mr. Sokolov. According to him, if this mechanism is not extended, the consumer will receive counterfeit goods instead of original products, and at a high price.

The Ministry of Industry and Trade told Izvestia that the association's proposal will be considered after receiving the letter. Extension of the parallel importation is also supported by the Association of Retail Companies. Igor Karavaev, the chairman of the presidium of the Association, told the newspaper.

In March, the government legalized the parallel importation, which allows importing the products of the companies, which left Russia without the permission of the right holder. Some retailers and marketplaces have already started selling electronics in Russia through parallel imports. 

Source: Kommersant

parallel imports  Russia 

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