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Day: 30 August 2017

The Russian president is concerned of widespread counterfeiting in light industry

The counterfeiting in light industry is of chronic nature, he stated at the meeting on development of light industry. This problem undermines competition in internal market and causes a great risk to health of citizens. In 2013 the share of counterfeit was about 39% or more than 1100 billion Roubles. Today the share of counterfeit is about 33% or 860 billion Roubles. The dynamics for three years is not “impressive”. The key factor for development of light industry is elimination of counterfeiting and illegal import in Russia.

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