Armenian spirits in demand as sanction curtail alcohol import to Russia

Armenian spirits in demand as sanction curtail alcohol import to Russia

PanARMENIAN.Net - There’s a growing demand for Armenian sprits in Russia as Western sanctions on the supply of alcohol to Russia are leading to a shortage of a number of popular brands by the New Year, RBC says in a fresh article.

Luding Group Marketing Director Andrey Ushakov believes that wines and spirits from Armenia and Georgia, including Georgian cognacs, Georgian chacha and fruit distillates, are becoming more and more popular.

In addition, Metro, a retailer is planning to import sparkling wines from a number of countries, including Armenia.

 Top stories
Armenia's international reserves amounted to $3.5 billion, according to a report from the country's Central Bank.
Trade between Armenian and Iranian increased by 43.5% in the first 10 months of 2022, rising from $390 million to around $560 million.
Vahan Kerobyan said Armenia will most probably introduce a ban on the sale of Turkish products as well.
According to Vahan Kerobyan, a sharp decline in the travel industry was recorded last year, but now the situation has changed
Partner news
---