Media reported on a sharp increase in car exports from Armenia to Russia
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Export of cars from Armenia to Russia increased from $800,000 in January 2022 to about $180 million in January 2023. reported newspaper Financial Times.
It is noted that Armenia does not have its own production of cars, but despite this, deliveries increased after the start of the military operation in Ukraine in February 2022. This may be due to the re-export of goods to the Russian Federation, which began against the backdrop of the introduction of Western sanctions, the newspaper notes.
Parallel import involves the importation of original goods into the country without the permission of the copyright holder or manufacturer. In Russia, this measure came into effect on March 29, 2022 in response to Western sanctions. In September, the mechanism was extended until 2023.
March 13 Ministry of Industry and Trade turned on a few more cars of foreign brands are on the list of parallel imports, in particular Citroen, Mazda, Opel, Peugeot, Renault, Ford, Genesis, Hyundai, Kia and Dacia. Before the list was updated, Land Rover, Jeep, Jaguar, Chrysler, Bentley, etc. were already imported into Russia.
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