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Eugene

(61,919 posts)
Wed Mar 30, 2022, 10:11 PM Mar 2022

Ukraine conflict: Russia to allow unauthorised imports from West

Source: BBC

Ukraine conflict: Russia to allow unauthorised imports from West

30 March 2022

Russia is allowing imports without a trademark owner's permission, in reaction to sanctions that have halted an array of Western products.

Prime Minister Mikhail Mishustin approved "parallel imports" as part of a fourth package of support for small and medium-sized businesses.

The West's response to Russia's war has prompted a surge in inflation.

The prime minister said until now goods could not be sold in Russia without the trademark owner's authorisation.

The aim of letting retailers import products without the companies' permission, he explained, was to saturate the market so that people had fast access to necessary goods, guaranteeing supply despite the "unfriendly actions of foreign politicians".

-snip-

Read more: https://www.bbc.com/news/world-europe-60932975

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