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Armenian Market Fears Russian Beer Expansion

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  • Armenian Market Fears Russian Beer Expansion

    ARMENIAN MARKET FEARS RUSSIAN BEER EXPANSION

    Vestnik Kavkaza, Russia
    Dec 9 2014

    9 December 2014 - 2:38pm

    Armenian alcohol manufacturers are concerned about excises in the
    Eurasian Economic Union. Some unnamed Armenian businessmen say that
    Russia may take advantage of excises: an excise for ordinary beer is
    only 18 rubles (150 drams) in Russia and slightly over 105 drams in
    Armenia, which means that Russian beer manufacturers will pay less
    in tax in Armenia than in Russia, Epress.am reports, thus gaining a
    competitive advantage over their Armenian counterparts. The government
    has not yet commented on the situation.


    From: Baghdasarian
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