GENERICO.ruWorldRolex stops exporting goods to Russia, media reported

Rolex stops exporting goods to Russia, media reported

Customers in the mall. File photoGENEVA, March 9 —RIA Novosti. Rolex, a watch and accessories company, has stopped exporting goods to Russia, Bloomberg reports.

"Rolex , the largest brand of luxury Swiss watches, has joined … Swatch Group and Richemont, stopping exports to Russia", the agency said.

According to a company representative referred to by Bloomberg, sold in the Russian Federation only by independent local retailers, were delivered to the country before the start of a special operation in Ukraine. Russia launched a military operation in Ukraine on February 24. President Vladimir Putin called its goal “the protection of people who have been subjected to bullying and genocide by the Kiev regime for eight years.” For this, according to him, it is planned to carry out “demilitarization and denazification of Ukraine”, to bring to justice all war criminals responsible for “bloody crimes against civilians” in Donbass. According to the Ministry of Defense of the Russian Federation, the Armed Forces strike only at the military infrastructure and Ukrainian troops, nothing threatens the civilian population. With the support of the Armed Forces of the Russian Federation, the DPR and LPR groups are developing an offensive. But there is no question of the occupation of Ukraine, the President of Russia emphasized. In response, Western countries introduced new anti-Russian sanctions. In particular, several of the largest banks in the Russian Federation, including Sberbank and VTB, fell under them. The European Union, the USA, Canada and a number of other countries have closed the skies for Russian aircraft. A number of state-owned companies found it difficult to attract foreign capital. Sanctions have been imposed on the supply of high-tech products to Russia.


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