Home / Ukraine / Anti-Terror Laws to Cost Russian Logistics Firms Estimated $3Bln

Anti-Terror Laws to Cost Russian Logistics Firms Estimated $3Bln

Russia’s new anti-terror laws could cost Russian smoothness companies 180 billion rubles ($2.8 billion), a Vedomosti journal reported Wednesday, citing a Russian Association of Long-Distance Traders.

Under a new laws, that come into force from Jul 1 2018, postal use providers will be compulsory to occupy X-rays, steel and gas detectors, and other apparatus to indicate for a participation of weapons, bomb inclination and other bootleg apparatus in letters and parcels.

The Russian State Postal Service, who now reason 70 percent of a marketplace share, have estimated that purchasing a compulsory apparatus for all of a 42,000 branches will cost during slightest 500 billion rubles ($7.8 billion) with an additional 100 billion rubles ($1.5 billion dollars) indispensable annually for maintenance, Vedomosti reported.

The same regulations could double a cost of smoothness for online stores, heading to an estimated 30 to 40 percent dump in online orders, pronounced Alexander Ivanov, boss of Russia’s Association of Long-Distance Traders.

“Shoppers will not buy products whose smoothness costs as most as a products themselves,” he said.

A raft of anti-terror legislation authored by ultra-conservative United Russia lawmaker Irina Yarovaya was authorized final week by President Vladimir Putin.

The legislation has captivated clever critique from both attention leaders and tellurian rights groups for augmenting state notice and fixation vast financial pressures on businesses.

American NSA whistleblower Edward Snowden pronounced final week that a law “not usually violates tellurian rights, though common clarity too.”

Article source: http://www.themoscowtimes.com/article/575031.html