News from World

tag: Sanzioni

28 January 2023

Zenden would like to increase his shoe shops in Russia, but finds himself in trouble with the tax authorities.

Russia's leading shoe retailer Zenden planned to expand its retail network in Russia in 2023, taking advantage of the gap in the market left by the withdrawal of Western brands. However, now the company will have to pay 1.1 billion rubles in lost taxes and fines. [Обувной ритейлер Zenden проиграл спор с налоговой в ... – Ведомости]

03 December 2022

Global sanctions

The Global Sanctions Data Base update has been released. Gsdb Release 3: COVID-19, Russia, and Multilateral Sanctions, WIFO Working Papers, 2022, PDF download. The news and characteristics of sanctions in 2022 told by lavoce.info.

23 September 2022

Trade triangulation of European products bound for Russia with third countries not party to sanctions is becoming increasingly difficult

Kazakhstan has begun to detain Russian trucks carrying goods sanctioned by the European Union. [Казахстан начал задерживать российские фуры с грузом из Европы - nko.iz.ru]. After Turkey, Vietnam and Kazakhstan, Armenia also stops accepting payment cards from the Russian Mir circuit. [Russian media: Armenia, Vietnam and Kazakhstan suspend use of Russian Mir cards – Kyiv Independent]

23 August 2022

For Serbian shoe factories, exports to Russia have increased despite sanctions on payments in euros

The great exodus of Western brands from Russia following the Russian invasion of Ukraine, has created a vacuum for the benefit of companies in countries that do not comply with Western sanctions. The theme is dealt with by @PublicationsEdm which evaluates the new opportunities for the export of shoes from Serbia, through the example of the Leon Anatomic Footwear shoe factory. [How a Serbian shoemaker is benefiting from Russia's need for new suppliers – Shoe Intelligence].

01 August 2022

Iran Retail Show: local fashion stores fill the vacuum left by international labels

Over the past decade, international sanctions against Iran have impacted Iran in many ways on Iran's fashion and retail businesses. According to @BoF, despite sanctions and other challenges such as rising costs, the number of Iranian clothing retail branches across the country has risen sharply over the last decade, filling the gap left by international labels. [Iranian Fashion Retailers Pursue Growth Amid Sanctions – BoF]

03 February 2022

US sanctions against Russia would hit value chains

From the Biden administration filter the first details on the sanctions being studied against Moscow in the event of an attack. The list of targets includes: banks such as VTB, Sberbank and Gazprombank; state-owned companies such as Sogaz (insurance) or Sovcomflot (energy shipments); trade in new government debt securities; import of advanced microelectronics. The main idea is to prevent Russia from raising over $100 billion from the markets, to devalue the ruble and trigger inflation that hits consumer goods.

Page 1 of 1