Mechanism of customs regulation of the import of pharmaceutical products

One of the main features of the Russian pharmaceutical market is that imported pharmaceutical products significantly predominate in its structure according to the criterion of origin. The high share of imports of medicines is due to the need to provide the population with high-quality medicines, including vital medicines, analogues of which are not produced in the Russian Federation. In this regard, consideration of issues related to the customs regulation of imports of pharmaceutical products is particularly relevant. The mechanism of state management of the foreign trade sphere covers a variety of instruments that have a direct or indirect impact on current economic processes, the main of which is customs regulation. The priority area of the customs mechanism is the formation of a favorable economic environment for national production. The customs authorities of Russia are directly involved in regulating the import of pharmaceutical products in order to ensure the economic security of Russia, monitoring compliance with relevant prohibitions and restrictions by participants in foreign economic activity. In the course of the conducted research, it was found that the mechanism of customs regulation of the import of pharmaceutical products is crucial in the formation of foreign trade turnover of goods of the studied commodity group.

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Publication Details

Journal
International Trade and Trade Policy
Published
2024-08-05
DOI
https://doi.org/10.21686/2410-7395-2024-2-157-170
Primary Topic
Pharmaceutical Economics and Policy
Type
article
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article

Mechanism of customs regulation of the import of pharmaceutical products

A. G. Luchkin, A. A. Nikonorova, J. A. Sviridova
International Trade and Trade Policy
Pharmaceutical Economics and Policy
article

Mechanism of customs regulation of the import of pharmaceutical products

A. G. Luchkin, A. A. Nikonorova, J. A. Sviridova
article en

Abstract

One of the main features of the Russian pharmaceutical market is that imported pharmaceutical products significantly predominate in its structure according to the criterion of origin. The high share of imports of medicines is due to the need to provide the population with high-quality medicines, including vital medicines, analogues of which are not produced in the Russian Federation. In this regard, consideration of issues related to the customs regulation of imports of pharmaceutical products is particularly relevant. The mechanism of state management of the foreign trade sphere covers a variety of instruments that have a direct or indirect impact on current economic processes, the main of which is customs regulation. The priority area of the customs mechanism is the formation of a favorable economic environment for national production. The customs authorities of Russia are directly involved in regulating the import of pharmaceutical products in order to ensure the economic security of Russia, monitoring compliance with relevant prohibitions and restrictions by participants in foreign economic activity. In the course of the conducted research, it was found that the mechanism of customs regulation of the import of pharmaceutical products is crucial in the formation of foreign trade turnover of goods of the studied commodity group.

International Trade and Trade PolicyVol. 10(2)
Plekhanov Russian University of Economics (RU)
Partnerships for the goals
Openalex Percentile: Top 84%
Pharmaceutical Economics and Policy
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Mechanism of customs regulation of the import of pharmaceutical products — A. G. Luchkin, A. A. Nikonorova, et al. · International Trade and Trade Policy (2024) | TGRS Research Map | TGRS