Expert of ATON: Entering of Moldavian Wine into Russian Market Can Cause Drop in Prices
Azerbaijan, Baku / corr. Trend / The decision of the President of Moldova prohibiting state agency of 'Moldova-Wine' to issue documentary stamps for alcohol, until all Moldova producers of wine would be admitted to the Russian markets, will not affect on price of wine in Russia. Vladimir Osakovski, the economist of the Analytical Department of Investment Company of ATON, stated on 26 July that this decision of the head of Moldova would not affect on prices of wine, as presently, the Moldavian wine was not selling in the Russian market.
"Entering of Moldavian wine into the Russian market can cause drop in price of wine," Osakovski said.
Export of Moldavian wine to Russia was banned by the order of the Russian Consumer Supervision in March 2006, after revealing unhealthy mixtures in the composition of wine. After several months both sides' presidents agreed on restoration wine supplies, however the ban has been in force. The Russian Consumer Supervision permitted exporting of three producers of 'Vismos', 'Kalarash-Divin' and 'Buket Moldava' in the mid of July 2007. "Due to these reasons we should not expect increase of export of wine to Russia from other countries in compliance with ban to Moldavian wine," Osakovski said.