Russia: The Cabinet of Ministers will consider a proposal for 200 percent duties on wine from NATO countries

Published 2024년 4월 3일

Tridge summary

In response to sanctions, Russia is considering a proposal to increase duties on wine imports from 'unfriendly countries' to support its domestic wine industry, which has seen rapid growth and is believed to be capable of satisfying local demand. Deputy Prime Minister Abramchenko backs the initiative, advocating for a careful and expert-driven approach. The proposal, initiated by the Association of Winegrowers and Winemakers of Russia, also includes plans by the Ministry of Economic Development to allocate the extra revenue towards the development of seaside resorts, in coordination with the Ministry of Finance.

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Original content

“The proposal requires a balanced approach and comprehensive consideration with the involvement of experts,” she added. In Russia, Abramchenko noted, winemaking is developing at an accelerated pace, and domestic producers can fully meet demand. Moscow must respond to the imposed sanctions in a mirror manner, the Deputy Prime Minister concluded. The Association of Winegrowers and Winemakers of Russia came up with the initiative to increase duties. This measure is aimed at protecting domestic producers. Earlier it was reported that the Ministry of Economic Development could use revenues from increasing ...

Source: RG