I think it's fine if you only use it to activate games, and not buying them. I have a friend who activated a region-locked game (Metal Gear Rising Revengeance) which is almost a year ago and he hasn't had any problems with it. But he activated a Steam key, and I think it's a US Steam key so I'm not really sure in your case since it's a bit different.
Edit: I just saw someone who activated 12 games through VPN, 2 of them are gifts and the rest are Russian CD Keys ~1-2 years ago and he hasn't had any problems either.
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Is it possible if I ask my Russian friend to open a region locked gift? Has anyone tried it before ? Will I get banned? (He is a really good friend of mine so he is not going to do anything stupid with my account)
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