The Russian government decided to extend the temporary ban on the export of leather semi-finished products from the country until April 5, 2018. The corresponding decree was signed by Prime Minister Dmitry Medvedev.
A temporary ban on the export of leather raw materials was adopted in 2014 in order to support domestic enterprises in the leather and shoe industries. Russian leather and shoe manufacturers note the importance of this measure for the industry. It stimulates the development of domestic production of leather goods and shoes.
A temporary ban was established in response to economic sanctions by the European Union, in connection with which the Russian Government has taken a course towards import substitution in various sectors of the economy, including in the footwear sector.
In exceptional cases, the Russian government has the right to establish temporary bans or restrictions on exports to prevent a shortage of food or other goods on the domestic market.