🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Russian ministry wants drastic limits on beer sales

Published 09/29/2009, 11:09 AM
Updated 09/29/2009, 11:12 AM

MOSCOW, Sept 29 (Reuters) - Russia's industries and trade ministry has proposed drastic limits on beer sales, a document obtained by Reuters showed on Tuesday and industry experts said the proposal could affect over 25 percent of sales in Russia.

The ministry said in its documents it was proposing changes to legislation that would ban sales of beer via kiosks and in markets without affecting big shops and supermarkets.

It has also asked to set strict time limits on alcohol sales and introduce minimum wholesale and retail selling prices for all alcoholic beverages, including beer.

The proposals have yet to be reviewed and approved by the government and parliament.

(Reporting by Maria Plis, writing by Dmitry Zhdannikov, + 7 495 775 12 42, dmitri.zhdannikov@reuters.com)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.