Changes To Russia's IP Landscape Amid Newly Imposed Sanctions

Sanctions imposed on Russia work. This forces Russian authorities to dedicate more attention to the development of national economy. One of the goals proclaimed by the Russian government is to rely on domestic technologies and further develop new technologies. The reason for that is that many foreign companies left Russia and discontinued using their technologies and supplies of their products. Russian economy faced a difficult task: to substitute imported products by those of their own.

Where there is a shortage of goods Russian government allowed parallel import. The list of goods is not static. Some goods are excluded from the list, other goods are included if the situation on the domestic market requires that. Vast natural resources played a bad joke on Russia. It was relatively easy to extract oil and gas, sell them, and buy whatever is needed from other countries.