Russia’s Ministry of Finance raised the minimum retail price for 0.5 litre bottles of brandy from 324 to 348 rubles, for cognac from 446 to 480 rubles, and for vodka from 243 to 261 rubles. The minimum wholesale price was raised for vodka from 210 to 222 rubles, for brandy from 269 to 284 rubles, and for cognac from 370 to 391 rubles.  The Ministry of Industry and Trade, the Federal Antimonopoly Service (FAS), and the Ministry of Financedecided, however, against setting a minimum retail price for beer, reportedly because small and medium-sized producers would not be the beneficiaries and because the change, it was thought, might lead more consumers to buy stronger spirits, rather than beer.

WineAmerica’s report on U.S. vineyard acreage survey

30-01-2023 | News

WineAmerica, the National Association of American Wineries, reported progress in a vineyard acreage...

United States: Heavy rains aided California’s wine sector

30-01-2023 | News

Recent storms in California caused about $30 billion in damage to...

Australia–China: Trade ministers to meet re trade restrictions on Australian products

30-01-2023 | News

Following an exchange between Australian and Chinese trade officials attending...

United Kingdom, wine/spirits sectors seek help with mandatory glass recycling costs

05-01-2023 | News

Wine and spirits businesses are seeking help from the UK government regarding...

Putin approves measures to develop viticulture and winemaking in Russia

05-01-2023 | News

President Putting has reportedly instructed the Russian government to implement a long-term...

Japan proposes recognition of nine additional GIs for UK alcohol beverages

05-01-2023 | News

Japan’s National Tax Agency (NTA) has proposed nine new geographical indications (GIs)...

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