Thursday, January 21, 2010

Moldovan P.M. talks to Russian P.M. Vladimir Putin about resumption of wine exports

Prime Minister Vlad Filat, who is on an official visit to the United States to sign a Millennium Challenge Corporation financial assistance package worth 262 million dollars, had a telephone conversation with Russian Prime Minister Vladimir Putin yesterday.

The two officials spoke about the resumption of Moldovan wine exports to Russia after new Russian import procedures left a few Moldovan goods stranded at customs.

Mr. Putin said the situation appeared because of some technical issues and is being resolved.

Moscow imposed a wine embargo on Moldova in 2006, citing health concerns over wine quality. Ever since, wine exports to Russia plummeted, and Moldovan businesses have been trying to get back on the market.

2 comments:

  1. What are the obstacles to getting your wonderful Moldovan wine in the USA?

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  2. Hi Mike:

    As far as I can tell, there are some companies that have sold wines in Moldova. I've seen Gagauz-made wine in Chicago, for example.

    But I suppose it would all depend on a complex study of the American market and an ultimate decision on what piece of the market Moldovan businesses would like to aim for. My guess is that our wines would have to cost 10$ or less to be able to compete against wines from America, New Zealand, Australia, etc., all of which are quite good for the price.

    At this point, I don't know a lot of businesspeople who are very familiar with the U.S. market, but I hope at least some of them try to slowly make their way into stores here to develop a reputation as a country with quality wines for a decent price.

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