The Effectiveness of the Parallel Import Regime in the Context of Economic Sanctions

Abstract

The presented article briefly summarizes the concept of parallel import, the mechanism of its action in the Russian economy. The reasons and conditions for the introduction of  the  parallel  import  mode  are  indicated. The  legal basis of the  operation  of  this  regime  is  considered. The  characteristics  of  the  types  of  principles  of  exhaustion of an entitlement are given. Examples of successful import substitution in Russia are given. The spheres of the economy that face certain problems with import substitution are also indicated. Alternative expert points of view on the introduction of a parallel import regime are considered. The legal  history of  the  parallel  import  issue  in Russia is analyzed. The features of approaches to parallel import in judicial practice are given. The main problems and advantages of the introduction of the parallel import regime and the prospects for its development in Russia are indicated.