Russia finds way around Western product deficit ...News

Russia Today - Economy
Russia finds way around Western product deficit
source : Russia Today ( News ) () 29
Over $12 billion worth of goods blocked by sanctions have been imported from third party countries this year The volume of parallel imports to Russia may exceed $15 billion in value terms by the end of the year, First Deputy Head of Russia’s Federal Customs Service Ruslan Davydov told reporters on Thursday. Parallel imports allow deliveries of products that are in deficit on the Russian market through third countries without the permission of the trademark holders. For example, Russian vendors are permitted to buy iPhones from Turkey instead of directly from the supplier. “The data as of the end of October is $12.

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