The mechanism allows Russian companies to buy goods from any company outside Russia, including from the country of the goods’ origin, provided they were purchased legally.
The Ministry of Industry and Trade’s expanded list includes luxury brands, such as Lancome, Giorgio Armani, and Yves Saint Laurent, domestic goods brands Wahl and Zanussi, and Japan’s Nintendo. Brands of motor oils and agricultural equipment makers were also added.daily, which said that IKEA would be added towards the summer.has the correct list and it is now being registered with the Ministry of Justice,” the ministry said in a statement.
The ministry said it was working on fine-tuning the mechanism, transitioning from including brand names to rights holders, a move it said would simplify the administrative procedure.
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