According to the OECD defininion, shuttle trade is "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."[1][2][3]
Shuttlers may carry goods for sale in both directions, and it is often a contraband, based on loopholes in import laws. Often shuttlers are victims of robbery, because they are easily identifiable. Still, the business is attractive. For example, in 2007 it was reported that a St. Petersburg<->Finland shuttler earns 400-600 Euros per trip on average.[10]
In Turkey the practice of shuttle trading is known as "suitcase trade" (Turkish: Bavul ticareti) since 1960s when goods for sale were brought from Northern Cyprus in suitcases, hence the term.[11]
Zabyelina, Y. (2012). “Costs and Benefits of Informal Economy: Shuttle Trade and Crime at Cherkizovsky Market.” Global Crime, Volume 13, No. 2, pp. 95-108. (behind the paywall)
January 01, 1970
shuttle, trade, according, oecd, defininion, shuttle, trade, activity, which, individual, entrepreneurs, goods, abroad, import, them, resale, street, markets, small, shops, often, goods, imported, without, full, declaration, order, avoid, import, duties, monum. According to the OECD defininion shuttle trade is 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 1 2 3 A monument to shuttle traders in China Contents 1 History 2 See also 3 References 4 External linksHistory editShuttle traders Russian chelnoki romanized chelnoki lit shuttles Ukrainian chovniki romanized chovniki were people engaged in the practice of shuttle trade in late Soviet Union and post soviet states in which traders shuttle backwards and forwards in and out of the country buying goods and then selling them within the country 4 Originated during the perestroika times it extended well beyond time of the collapse of the Soviet Union in Russia as well as in many other post Soviet states 5 6 7 8 9 Shuttlers may carry goods for sale in both directions and it is often a contraband based on loopholes in import laws Often shuttlers are victims of robbery because they are easily identifiable Still the business is attractive For example in 2007 it was reported that a St Petersburg lt gt Finland shuttler earns 400 600 Euros per trip on average 10 In Turkey the practice of shuttle trading is known as suitcase trade Turkish Bavul ticareti since 1960s when goods for sale were brought from Northern Cyprus in suitcases hence the term 11 See also editBag peopleReferences edit Measuring the Non Observed Economy A Handbook OECD Annex 2 p 208 shuttle trade ESCWA citing OECD Lidia Lukyanova HOW THE SHUTTLE TRADERS SAVE RUSSIA Prism Volume 3 Issue 2 1997 Jamestown Foundation PRAVDA info Oda chelnokam www pravda info Retrieved 2018 11 25 Kto takie chelnoki otkuda vzyalis i kuda podevalis shkolazhizni ru Retrieved 2018 11 25 Lidia Lukyanova HOW THE SHUTTLE TRADERS SAVE RUSSIA 1997 Igor Rotar MERCHANTS PROTEST NEW BANKING LAWS IN UZBEKISTAN 2004 Grigory Ioffe A Business and a Pep Talk 2013 TURKEY S CULTURAL AND ECONOMIC PRESENCE GROWS IN KYRGYZSTAN 2007 Chelnochnyj biznes po peterburgski Finny napugany December 19 2007 Yuksek Lisans Tezi TURKIYE DEKI BAVUL TICARETI GELISMELER VE YENI ALTERNATIFLER 2007External links editZabyelina Y 2012 Costs and Benefits of Informal Economy Shuttle Trade and Crime at Cherkizovsky Market Global Crime Volume 13 No 2 pp 95 108 behind the paywall Retrieved from https en wikipedia org w index php title Shuttle trade amp oldid 1221423065, wikipedia, wiki, book, books, library,
