Comment - Spirits - Russia's Vodka Black Market Could Get Blacker
By Richard Woodard | 24 August 2010
Minimum pricing has been the talk of the town this year for alcoholic drinks. In Russia, a nation built on vodka, the Government has moved beyond its introduction of a minimum price for its national spirit and is mulling doubling the current limit. Richard Woodard argues, however, that a country as at ease with the black market as Russia, could struggle to cope with the fallout of such a move.
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Minimum pricing has been the talk of the town this year for alcoholic drinks. In Russia, a nation built on vodka, the Government has moved beyond its introduction of a minimum price for its national spirit and is mulling doubling the current limit. Richard Woodard argues, however, that a country as at ease with the black market as Russia, could struggle to cope with the fallout of such a move.
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