Armenian market fears Russian beer expansion
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.