Association of Russian winegrowers calls for imposing a 200% tariff on wines from NATO countries

Published Mar 7, 2024

Tridge summary

The Association of Winegrowers and Winemakers of Russia is urging the government to impose a 200% tariff on wines from NATO countries and to mandate a 20% quota of Russian-produced wines on restaurant menus, which they hope to increase to 50% in the future. They also want half of the wine offered in cafes to be Russian from September 1. This comes after the Russian Ministry of Economy already raised import tariffs for wine from 'unfriendly' countries from 12.5% to 20%, with a minimum of $1.5 per liter, a policy that will be in place until the end of 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Association of Winegrowers and Winemakers of Russia has approached the Government and the Duma or Chamber of Deputies to impose a 200% tariff on wines from NATO countries. "We have made the decision to approach the Government and the Duma with the request that they strengthen protection measures for the Russian market," Alexei Plotnikov, secretary of the association, assured the official RIA Novosti agency. The main measure they demand is to impose "tariffs on the import of wine, sparkling wine and generous of the NATO countries by 200%". They also demanded that from September 1 a quota of 20% of wines produced in Russia be imposed on the menu of restaurants in this country, a percentage that will rise to 50% "in the medium term". In the case of coffees, the winegrowers' association wants 50% of the wine offered to customers to be Russian as of next September 1. The Russian Ministry of Economy has already raised August 2023, tariffs for importing wine from 'unfriendly' ...
Source: Agrodiario

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