Realist: news and analytics

Русский/English/العربية

  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts
No Result
View All Result
Realist: news and analytics
  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts
No Result
View All Result
Realist: news and analytics

Uncontrolled parallel imports harm Russian industry

The haphazard introduction of parallel imports is already damaging those industries where Russia had parity. Not to mention the fact that this is the strongest demotivator for those who could potentially invest in the production of domestic products, machines and components.

   
September 11, 2022, 12:57
Russia
Image: secretmag.ru

Image: secretmag.ru

VLADIVOSTOK (Realist English). Deputy Prime Minister Denis Manturov at the Eastern Economic Forum announced the extension of the parallel import program for the whole of 2023. As recently as July, he also said that it was time to prepare for its partial cancellation and called it a temporary solution.

The mechanism of parallel import, which allows goods to be imported into the territory of the Russian Federation without the consent of the copyright holder, is now being presented as an undoubted benefit for our economy. This is partly true, because it allows meeting the urgent needs of industry and trade. However, there is another side to this coin.

Parallel imports must be metered and selective, otherwise it turns into a reverse action gun.

The haphazard introduction of parallel imports is already damaging those industries where Russia had parity. Not to mention the fact that this is the strongest demotivator for those who could potentially invest in the production of domestic products, machines and components. What is happening in the special machinery industry under the guise of parallel imports, can not be called other than Chinese expansion.

Under the myth of parallel imports, the Ministry of Agriculture proposed simply to reset to zero import duties on agricultural machinery, which finally finishes off those enterprises that are still afloat, and devalues the efforts of those who independently, without waiting for financial assistance from the state, invested in the modernization of producing capacities.

Finally, for many officials, parallel imports turned out to be a convenient cover for banal managerial weakness. No need to revive high-tech production in combination with related industries, to bother with planning and technical tasks, to normalize needs.

All this, in addition to huge efforts, means taking on administrative responsibility. All this is a risk for the part of the official body that fills in the armchair. Therefore, instead of a “dangerous” real economy, all processes can be legally turned into a simulated parallel universe.

SanctionsRussia’s EconomyRussia
Previous Post

The Yuanization of the world economy has become the leitmotif of the EEF

Next Post

Recognition of the annexation of Artsakh and Utiq is the way to justify the Armenian Genocide

Related Posts

Sergey Kiriyenko. Image: pushilindenis / Telegram
Russia

How has the Russian elite changed during the year of the SMO

25 May, 2023
Image: anrussia34.ru
Russia

Russia needs not an ideology, but a clear concept of the image of the future

23 May, 2023
Alexander Bastrykin. Image: sledcom.ru
Russia

Bastrykin talks about nationalization, and the Ministry of Finance proposes privatization

16 May, 2023
Erdoğan and his party may lose power for the first time since 2002
Russia

Who and why is slowing down the adoption of the law on digital rubles?

15 May, 2023
Vyacheslav Volodin. Image: duma.gov.ru
Russia

Volodin: Russia’s strength шs in the consolidation of the society

10 May, 2023
Image: RBC
Russia

Treasury loan — a replacement of Russia’s “financial foundation”

3 May, 2023
Most Popular
Most Popular
Donald Trump and Ron Desantis. Image: mediaproxy.salon.com

DeSantis is betting on the polarization of American society

31 May, 2023

WASHINGTON (Realist English). Florida Governor Ron Desantis will find it extremely difficult to defend his position, competing with ex-President, The...

Aram Torosyan on cinema, culture and beauty of Armenia

Aram Torosyan on cinema, culture and beauty of Armenia

24 May, 2023

YEREVAN (Realist English). Aram Torosyan, Director of Academy Films, answered these and other questions of the Realist News Agency. What...

Eduard Polatov: The genocide of the Greeks in Turkey is one of the dark pages in the history of the Turkish people

Eduard Polatov: The genocide of the Greeks in Turkey is one of the dark pages in the history of the Turkish people

19 May, 2023

YEREVAN (Realist English). 32 years have passed since the Phoenix Greek Society of Armenia, renamed to the Patrida organization, appealed...

Barack Obama. Image: cnn.com

When a problem arises in the world, we always look at how Washington responds — Barack Obama

4 May, 2023

ZURICH (Realist English). Former US President Barack Obama spoke in Zurich on the evening of April 29. The former head...

Opinion

Victor Mnatsakanyan

Yerevan should be a people city

4 September, 2023

YEREVAN (Realist English). Time and events make us look at many things in a new way, have a new attitude...

Mikhail Mishustin and Xi Jinping. Photo: Maxim Stulov / Vedomosti

Results of Mishustin’s visit to China: the struggle for world leadership takes on more concrete features

30 May, 2023

BEIJING (English Realist). The visit of Russian Prime Minister Mikhail Mishustin to China has ended. This is one of the...

Eduard Polatov: The genocide of the Greeks in Turkey is one of the dark pages in the history of the Turkish people

Eduard Polatov: The genocide of the Greeks in Turkey is one of the dark pages in the history of the Turkish people

19 May, 2023

YEREVAN (Realist English). 32 years have passed since the Phoenix Greek Society of Armenia, renamed to the Patrida organization, appealed...

Kemal Kılıçdaroğlu and Recep Erdoğan. Image: dha.com.tr

Erdogan’s rule is under real threat

9 May, 2023

ANKARA (Realist English). There are less than 10 days left before the presidential elections in Turkey. There, for the first...

All rights reserved.

© 2017-2022

  • About Us
  • Mission and Values
  • Contact Us
  • Privacy Policy

Follow Realist English

No Result
View All Result
  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts

Русский/English/العربية