The Russian government announced measures on 19 March to reduce the spread of COVID-19 and reduce its impact on the economy. For businesses, this includes the following:
- Customs restrictions are lifted on the supply of essential commodities and exemptions from customs duty are provided on a number of goods including medicines and medical equipment;
- Tax deferrals are given for distressed sectors of the economy, with instructions already issued to provide a deferral to tourism businesses and …