Parallel Imports News Today

At the core of the definition, a Parallel import is a non-counterfeit product imported from another country without the permission of the intellectual property owner.

The Russian military industry continues to receive modern machinery from Taiwan, despite the imposed sanctions. Source: a joint investigation by The Insider and the Reporter. Russia still obtains modern metalworking machinery from Taiwan, which has joined the sanctions against Russia.

In March 2022, Kyrgyzstan's economy began to change. The shift was even more noticeable for countries that previously had few business ties to Bishkek. Statistics from the Institute of International Finance found that between March 2022 and October 2023, German exports of cars and parts to Kyrgyzstan had risen by 5,500 percent.

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German carmakers have been accused of supplying Vladimir Putin’s Russia through the back door as exports to Central Asia boom.

Western sanctions on Russia are tougher than ever and the impact is clear to see in trade figures.

The cost of electronics and household appliances in Russia may increase by 10-12 percent due to new restrictions at the Kazakh border.

In a fresh attempt to avoid punishment for aiding Russia in bypassing Western sanctions, Kazakhstan will launch an online system to track all goods entering and leaving the country next month.

A deeper dive into the gray market has meant that Russians continue to have access to goods like iPhones and Zara dresses even months after their Western makers left Russia. But are these parallel imports even legal?

A deeper dive into the gray market has meant that Russians continue to have access to goods like iPhones and Zara dresses even months after their Western makers left Russia. But are these parallel imports even legal?