The Ministry of Economic Development proposed to increase tariffs on imports of wines from hostile countries by 1.5 times, from 12.5% to 20%, but not less than $1.5 per liter. The measure was developed as a “counter-sanction”, but the government has not yet made a final decision. This was reported to Vedomosti by an official familiar with the text of the draft government decree.
The Ministry of Finance added that the increase in the tariff is being considered “to protect national producers.” The parameters under discussion now “allow to maintain price stability on the Russian wine market.”
If the initiative of the Ministry of Economic Development is approved, importers forecast a rise in the price of foreign wines in retail. Russian manufacturers will surely raise the price by following the market, industry representatives are sure. However, the quality of drinks from this will not be better. As a result, the cheapest imported wine on the shelf will cost not 350 rubles, but 700 rubles, they predict.
- In November 2022, he proposed expanding the minimum retail price mechanism for all alcoholic beverages. Those prices are now set for spirits, sparkling wines and champagne. The validity of the current minimum retail prices is until the end of 2026. It is proposed that the new mechanism be introduced as of January 1, 2023, if accepted, the prices will be valid until the end of 2028.
Author:
karina pardaeva
Source: RB
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