According to Michael Malloy, a representative of the Russian office of the international law firm DLA Piper, well-known brands will be able to enter Russia, for example, through Belarus and Kazakhstan, which are members of the Eurasian Economic Union. “The $ 1 million question is whether there will be a list of products or product categories – all specific pens or brands, such as Parker,” he said.
“It simply came to our notice then [sancţiuni şi boicoturi] is to deplete the goods market. But if you exhaust a single market, then there is a thriving parallel market, ”Malloy said. At the same time, as the publication pointed out, some companies can turn the emerging reality to their advantage. “Many brands say they don’t want to sell [produse] Russia can indirectly cultivate parallel imports themselves in order to continue to supply this market, “the newspaper was quoted as saying by a representative of one of the companies. At the same time, The Daily Telegraph believes that some companies may have difficulty returning officially to the Russian Federation.
On April 11, the newspaper Izvestia reported that the Ministry of Industry and Trade of the Russian Federation intended to import into the country without the permission of the copyright holders the products of the brands that stopped or suspended their activity in Russia. A list of such goods is already being drawn up, including brand names in the light industry and other sectors of the consumer market. Parallel import does not mean legalizing counterfeiting, but involves importing original products through alternative channels.
Russia’s Ministry of Industry and Commerce has told TASS that it intends to approve an order with a list of goods indicating the marks falling within parallel imports in the near future. There is currently a collection of listing proposals from federal executive authorities.
If you like this article, we look forward to joining the community of readers on our Facebook page, with a Like below: