Sanction restrictions have no significant impact on coffee imports in Russia, but it creates difficulties with payments. This was stated in an interview by Stellar Beans Francis David’s commercial representative. Ria Novosti.
“There are nuances in the coffee industry, but sanctions did not critically affect delivery. The main challenges are about transactions, but our experience in importing other goods helps to avoid obstacles. We have already adapted logistics and payment plans. There are no obstacles for coffee, Dav said.
In March reportedRussian producers have started to buy coffee raw materials at new prices corresponding to the global market “extremely high” exchange rates. Roschaikof Association CEO Ramazan Canturius said that it significantly increases coffee costs and is not possible to compensate for good efficiency due to difficult weather conditions. Against this background, he said in the near future, the price of coffee will continue to increase.
Previously gave an expert to guessThe first foreign companies returning to Russia.
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Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.