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Green corridor will open in Russia for essential goods
Starting March 17, a “green corridor” will be opened in customs at Russia for food and non-food essential goods, which are purchased by large retail chains and importers. These measures are being taken to support business due to the coronavirus pandemic and the ruble depreciation.
As the head of the Cabinet of Ministers Mikhail Mishustin stated at a meeting with vice-prime ministers, for one month in Russia the restriction in the city line for transport of retail chains will be lifted. To create a reliable stock of essential goods, retail chains will be provided with access to soft loans. The Prime Minister also instructed to simplify the supply process both domestically and from abroad.
Mishustin also expressed support for industries that found themselves in a difficult situation due to the coronavirus epidemic. According to him, the companies involved in the field of air transportation and tourism will receive deferral of tax collection. In the future, this measure can be extended to other sectors and enterprises affected by the coronavirus epidemic.