The Gray Blog » Russia http://espinosaiplaw.com/wordpress A Blog dedicated to news, laws and trends involving the parallel market. Mon, 06 Sep 2010 22:24:06 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Russia cracking down on gray market electronics http://espinosaiplaw.com/wordpress/?p=26 http://espinosaiplaw.com/wordpress/?p=26#comments Mon, 16 Jul 2007 03:30:22 +0000 Jed http://espinosaiplaw.com/wordpress/?p=26 The Moscow News Weekly reports on a crackdown by the government of the Russian Federation against gray market electronics. In an effort to re-engineer the current market, the government is temporarily discontinuing import duties on digital cameras and cellular phone components while, on the other hand, Russian Customs begins recording the serial numbers of all laptops and other digital devices imported into Russia. The goal is to encourage domestic assembly and to discourage cheap parallel market imports which presently constitute a substantial majority of Russian imports.

In an effort to show their support for this new policy initiative, some of the largest chain stores in the nation have signed a declaration circulated by the Russian Association of Trading Companies and Manufacturers of Consumer Electronics and Computers (RATEK),committing to purchase goods from authorized suppliers.  Some experts have expressed doubt in the policy’s effectiveness.
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