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