diff --git a/src/cmd/compile/internal/types2/resolver.go b/src/cmd/compile/internal/types2/resolver.go
index 2a84015cfc..44fa51a8e5 100644
--- a/src/cmd/compile/internal/types2/resolver.go
+++ b/src/cmd/compile/internal/types2/resolver.go
@@ -250,14 +250,6 @@ func (check *Checker) collectObjects() {
 					continue
 				}
 
-				// add package to list of explicit imports
-				// (this functionality is provided as a convenience
-				// for clients; it is not needed for type-checking)
-				if !pkgImports[imp] {
-					pkgImports[imp] = true
-					pkg.imports = append(pkg.imports, imp)
-				}
-
 				// local name overrides imported package name
 				name := imp.name
 				if s.LocalPkgName != nil {
@@ -267,10 +259,19 @@ func (check *Checker) collectObjects() {
 						check.errorf(s.LocalPkgName, `cannot rename import "C"`)
 						continue
 					}
-					if name == "init" {
-						check.errorf(s.LocalPkgName, "cannot declare init - must be func")
-						continue
-					}
+				}
+
+				if name == "init" {
+					check.errorf(s.LocalPkgName, "cannot import package as init - init must be a func")
+					continue
+				}
+
+				// add package to list of explicit imports
+				// (this functionality is provided as a convenience
+				// for clients; it is not needed for type-checking)
+				if !pkgImports[imp] {
+					pkgImports[imp] = true
+					pkg.imports = append(pkg.imports, imp)
 				}
 
 				pkgName := NewPkgName(s.Pos(), pkg, name, imp)
diff --git a/src/cmd/compile/internal/types2/testdata/importdecl0/importdecl0a.src b/src/cmd/compile/internal/types2/testdata/importdecl0/importdecl0a.src
index e96fca3cdd..5ceb96e1fa 100644
--- a/src/cmd/compile/internal/types2/testdata/importdecl0/importdecl0a.src
+++ b/src/cmd/compile/internal/types2/testdata/importdecl0/importdecl0a.src
@@ -10,7 +10,7 @@ import (
 	// we can have multiple blank imports (was bug)
 	_ "math"
 	_ "net/rpc"
-	init /* ERROR "cannot declare init" */ "fmt"
+	init /* ERROR "cannot import package as init" */ "fmt"
 	// reflect defines a type "flag" which shows up in the gc export data
 	"reflect"
 	. /* ERROR "imported but not used" */ "reflect"
diff --git a/test/fixedbugs/issue43962.dir/a.go b/test/fixedbugs/issue43962.dir/a.go
new file mode 100644
index 0000000000..168b2063b4
--- /dev/null
+++ b/test/fixedbugs/issue43962.dir/a.go
@@ -0,0 +1,5 @@
+// Copyright 2021 The Go Authors. All rights reserved.
+// Use of this source code is governed by a BSD-style
+// license that can be found in the LICENSE file.
+
+package init
diff --git a/test/fixedbugs/issue43962.dir/b.go b/test/fixedbugs/issue43962.dir/b.go
new file mode 100644
index 0000000000..f55fea11c1
--- /dev/null
+++ b/test/fixedbugs/issue43962.dir/b.go
@@ -0,0 +1,7 @@
+// Copyright 2021 The Go Authors. All rights reserved.
+// Use of this source code is governed by a BSD-style
+// license that can be found in the LICENSE file.
+
+package b
+
+import "./a" // ERROR "cannot import package as init"
diff --git a/test/fixedbugs/issue43962.go b/test/fixedbugs/issue43962.go
new file mode 100644
index 0000000000..dca4d077d5
--- /dev/null
+++ b/test/fixedbugs/issue43962.go
@@ -0,0 +1,9 @@
+// errorcheckdir
+
+// Copyright 2021 The Go Authors. All rights reserved.
+// Use of this source code is governed by a BSD-style
+// license that can be found in the LICENSE file.
+
+// Issue 43962: Importing a package called "init" is an error.
+
+package ignored