MOSCOW, February 20. /TASS/. The issue of the return of foreign brands to the Russian market should be considered on an individual basis, while the interests of Russian manufacturers and protection of the domestic market are a priority for the Ministry of Industry and Trade, the ministry’s press service told TASS.
"If a foreign company decides to return to the Russian market, then this issue should be considered individually. We would like to note that the interests of Russian manufacturers and the protection of the domestic market, as well as the development of a sufficient volume of high-quality domestic products in Russia are an absolute priority for the Ministry of Industry and Trade," the ministry said.
Over the past three years, Russian companies have significantly increased production and actively occupied vacant market niches. In addition, a parallel import mechanism provides consumers with products that are not yet made in Russia in sufficient quantities. "In this regard, the Ministry of Industry and Trade considers it inappropriate to promote the return of foreign brands," the ministry said.
Earlier, the Ministry of Industry and Trade said that the task of encouraging or stimulating the return of foreign brands that have left the Russian market is not relevant - the trend toward the development of domestic brands, supported by the state, will continue.