Russia May Ban Cheap Wine

Oct 29, 2012

(RIAN) - The Russian government may set minimum prices for wines to compensate domestic winemakers for rising world prices due to poor grape harvests in Russia and Europe, Izvestia daily reported on Monday. The Russian Union of Wine-Growers and Wine-Makers has sent a request to the Federal Service for Alcohol Market Regulation to set the minimum retail price of a 0.7-liter bottle at 110 rubles ($3.50).

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