Kazakhstan, Belarus, Kyrgyzstan, Georgia, Armenia and Tajikistan reported a twofold increase in demand for warehousing due to growing parallel imports to Russia, according to Kommersant, a Russian business outlet.
Russian companies have been showing interest in warehouses across the CIS since 2022, when Western countries imposed their sanctions on Russia and these entities had to find new routes for imports. By now, Russia has been importing foreign goods and exporting its products via Kazakhstan, Belarus, Kyrgyzstan and Uzbekistan. The Federal Customs Service of Russia reported that over the period from March to December 2022, the amount of parallel imports reached...