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» Russia's Medicine Imports Fall by Third in 2015
10 февраля 2016 | Views: 749

Russia imported medicine worth $6.8 billion last year, down 32.7 percent compared to 2014, the Federal Customs Service said in a statement Friday.
The import of drugs to Russia from outside the former Soviet Union dropped 32.9 percent to $6.7 billion. Imports into Russia from CIS countries were worth $119 million, 21 percent less than in 2014, the statement said.
Meanwhile, the volume of antibiotics imported into Russia decreased by 2.6 percent in 2015 to $84.2 million, according to the Federal Customs Service.


» Russia's Alcohol Imports Plunge to Record Lows
25 января 2016 | Views: 633
Russia saw a record drop in alcohol imports in 2015 as a result of the weakening ruble and a decline in Russians' purchasing power, the Kommersant newspaper reported Thursday.
Imports of whiskey — the country's most popular imported spirit — decreased by 22.3 percent to 33.59 million liters. Rum imports dropped by 35 percent to 4.76 million liters, the newspaper reported, citing customs statistics.
The data also showed that Russia imported 32.6 percent less wine and 33.7 less sparkling wine last year compared to 2014.

» Travelers Complain of Foreign Food Confiscation at Russian Customs
19 августа 2015 | Views: 716
Amid the food destruction frenzy that spread across Russia last week, officials appear to have widened their remit and started confiscating food items from travelers' hand luggage, despite the decree that banned commercial imports of some Western food products clearly stating that it does not apply to items brought in for personal consumption.

» Traders on Edge Over New Russian Wheat Export Tax
1 июня 2015 | Views: 664

Russia approved the launch of a new wheat export tax from July 1, which traders say could threaten profits on advance contracts for the new crop if the ruble weakens in coming months.
Russia's government said on Friday that the new tax was intended to stop exports surging if the ruble drops steeply. The ruble fell sharply against the dollar in 2014, fueling grain exports, and is yet to fully recover.


» European Companies Dragged Down by Western Sanctions Against Russia
26 ноября 2014 | Views: 949
BRUSSELS — At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: The number of companies at the international showcase had shrunk by half from a year ago.
"The impact on business couldn't be clearer. Fewer stands, fewer companies," said Mark Bultinck, a sales executive for Belgian digital screen maker Barco, which had a booth at the annual expo for the audiovisual industry.

» Russian Customs Officials Turn Back Ton of Western Tea at the Border
13 октября 2014 | Views: 969

Russia has refused to allow almost a ton of German and U.S. tea into the country, with customs officials saying the produce violated Moscow's ban on Western food imports.
After 970 kilograms of German herbal tea was detained Friday in the Siberian region of Novosibirsk, officials said Monday that they had seized a smaller shipment of tea and ice-drink mixes on the far eastern island of Sakhalin, the Interfax news agency reported.
About 28 kilograms of tea produced by a U.S. company was part of the cargo aboard a ship arriving from the South Korean port of Busan, the Sakhalin region's customs service was quoted as saying by Interfax.


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