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IPFS News Link • Business/ Commerce

"Just Say Nyet" - Fedex, DHL Suspend Shipments To Russian Customers

• http://www.zerohedge.com, Tyler Durden
 Express delivery companies DHL and FedEx said on Thursday they had suspended foreign shipments to individual customers in Russia because of stricter customs procedures, making it harder for internet users to buy goods from abroad. DHL will suspend all shipments of goods for personal use to Russia from January 27, the company said in emailed comments, after already suspending most such imports already in 2010.

 President Vladimir Putin ordered a campaign late last year to "put into order" a booming e-commerce sector. One of the proposed measures was lowering a value threshold for purchases in foreign online stores that are subject to customs duty.

 According to DHL Express, part of Deutsche Post (DPWGn.DE), Russian authorities from January 2014 expanded the list of documents required to ship goods to individual customers, which has significantly slowed customs clearance.


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