The Russian government has recently announced an expansion of the list of goods that can be imported on a parallel basis, including eleven car brands.
This move, spearheaded by the Ministry of Industry and Trade, is part of an effort to reduce the prices of cars in the country. The new list also includes medical equipment, industrial robots, electronic components, and other goods.
The decision to expand the list of goods for parallel import was taken in order to support the efforts of domestic vehicle manufacturers to reduce the cost of cars in Russia. Initially, only a few brands were included in the list, but the government has now added eleven more, including the popular Korean and German brands Hyundai, Kia, Volkswagen, Audi, and Mercedes-Benz.
The price of cars in Russia is significantly higher than in other countries, due to the high cost of production, including the cost of parts and labor. By allowing parallel imports, the government hopes to reduce the prices of cars and other goods.
The new regulations allow manufacturers to import parts and components from other countries, as long as they meet certain requirements. This will help to reduce the cost of production and subsequently the cost of cars in Russia.
The Ministry of Industry and Trade has also implemented a number of measures to ensure the quality of the imported components, such as requiring manufacturers to provide detailed information about the components, and conducting spot checks to verify that the components meet the required standards.
The expanded list of goods for parallel import is expected to reduce the cost of cars in Russia and provide consumers with more affordable options. It will also increase competition in the market, which could lead to further reductions in prices.