Patrushev: Further use of parallel imports must be justified

Patrushev: Further use of parallel imports must be justified

Secretary of the Russian Security Council Nikolai Patrushev said that Russian companies continue to focus on purchasing ready-made foreign products, but the further use of parallel imports must be justified, Interfax reports.

“The lack of justification for the further use of the parallel import mechanism, which has largely fulfilled its role in stabilizing the situation on the goods market,” said Patrushev at a retreat in Tomsk, “does not contribute to increasing innovation activity in the real sector of the economy.

“Investment and innovation activity of companies, especially in the markets of knowledge-intensive and technological products, has increased slightly. An economically justified balance between domestic consumption, export and import of industrial products, primarily critically necessary for achieving technological sovereignty (including regionally), has not yet been developed,” Patrushev said.

He noted that “domestic companies often continue to focus on purchasing ready-made foreign products” and do not use “the scientific and technical potential available in the country to carry out promising developments.”

Source: Rosbalt

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