Shuttle trading
Encyclopedia
Shuttle trading is a term used for a Russia
n economic practice in which traders shuttle backwards and forwards across the country buying goods from cheap sources in Moscow
, major port cities or outside Russia and selling them in the Russian interior. One of the main commodities traded in this way is car
s.
The OECD defines shuttle trade as the activity in which individual entrepreneurs buy goods abroad and import them for resale in street markets or small shops. Often the goods are imported without full declaration in order to avoid import duties.
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
n economic practice in which traders shuttle backwards and forwards across the country buying goods from cheap sources in Moscow
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
, major port cities or outside Russia and selling them in the Russian interior. One of the main commodities traded in this way is car
Čar
Čar is a village in the municipality of Bujanovac, Serbia. According to the 2002 census, the town has a population of 296 people.-References:...
s.
The OECD defines shuttle trade as the activity in which individual entrepreneurs buy goods abroad and import them for resale in street markets or small shops. Often the goods are imported without full declaration in order to avoid import duties.