Promoting Genuine Tobacco Products in Russia

Nov.22.2022
Promoting Genuine Tobacco Products in Russia
Alexei Sinitsyn, deputy chairman of the Economic Policy Committee of the Federation Council, called for the elimination of counterfeit tobacco products.

The First Deputy Chairman of the Economic Policy Committee of the Federation Council of Russia, Alexei Sinitsyn. Photo source: ВМЕСТЕ РФ.


In a news report from Federal Information Channel, Alexei Sinitsyn, the first deputy chairman of the Federal Committee's Economic Policy Committee, pointed out at a roundtable discussion specifically focused on the tobacco industry that counterfeit products must be eliminated from the domestic tobacco market.


According to him, despite various efforts made by the nation, the pace at which Russians quit smoking remains slow. Data from Rosstat (Federal State Statistics Service) shows that over 20% of Russian adults smoke, a figure which has remained unchanged for several years. Increasing prices will only make cigarettes more affordable.


The government's role is to establish regulations that will help to standardize the industry, or at least prevent it from entering a massive grey area. The industry's general issues have been repeatedly discussed in various locations, with the main problem being a significant difference in consumption tax rates between Russia and neighboring EAEU countries. SenatInformSinitsyn stated that the government has taken measures to address this issue, but many sectors of the Russian economy, including tobacco, are experiencing significant changes related to unfriendly countries' sanction policies this year.


According to data from Rosstat, the production of legal cigarettes decreased by over 17% in the first half of this year. Meanwhile, the percentage of counterfeit cigarettes is on the rise. According to data from the Ministry of Industry and Trade, over 12% of cigarettes in the country are now counterfeit, up from 11.5% a year ago. The resulting budget loss is estimated at 70 billion rubles, or roughly 8.2 billion yuan.


Statement:


This article compiles information from a third-party source and is intended for internal industry exchange and learning only.


This article does not represent the views of 2FIRSTS, and 2FIRSTS cannot confirm the authenticity or accuracy of the contents of the article. The compilation of this article is solely for communication and research within the industry.


Due to limitations in translation ability, the article translation may not fully reflect the original text. Please refer to the original text for accuracy.


2FIRSTS is fully aligned with the Chinese government regarding any domestic, Hong Kong, Macau and Taiwan-related, and foreign statements and positions.


Copyright of compiled information belongs to the original media and authors. If there is any infringement, please contact us for deletion.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

The 6th E-Cigarette Industry Standardization Development Publicity Conference and the 1st Export Service Development Conference will be held on June 15th 2022.
With the approval of the China Electronic Chamber of Commerce, the "2022 6th Publicity Conference on Standardized Development of E-cigarette Industry and the First Export Service Development Conference," sponsored by the China Electronic Chamber of Commerce E-cigarette Professional Committee, will be held on June 15th, 2022 at the JW Marriott Hotel, Baoan, in order to further encourage and support e-cigarette enterprises to expand their exports on the basis of standardized operation.
Industry Insight
Jun.13 by 2FIRSTS
[2FIRSTS] Experts Interpretation of the "Exclusivity" from the "E-Cigarette Management Measures"
Industry Insight
Jun.13 by 2FIRSTS
Japan Tobacco Shareholder Urges Sale of Pharmaceutical Company
Japan Tobacco Shareholder Urges Sale of Pharmaceutical Company
Japan Tobacco's shareholder demands sale of Torii Pharmaceutical Co to boost shareholder value. LIM Advisors proposes a 53% stake sale.
Feb.01 by 2FIRSTS.ai
YOVO VAPE Introduces Innovative e-cigarette STARWALK 40K
YOVO VAPE Introduces Innovative e-cigarette STARWALK 40K
YOVO VAPE introduces innovative STARWALK 40K e-cigarette with customizable nicotine levels and refreshing features, targeting US market.
Dec.24 by 2FIRSTS.ai
Discrimination and Tobacco Use in LGBTQ Young Adults
Discrimination and Tobacco Use in LGBTQ Young Adults
Tobacco Control is an international journal that studies the effects of tobacco on health, economy, environment, and society.
Apr.20 by 2FIRSTS.ai
Kyrgyzstan's Revenue from EAEU Cigarette Tax Decreases in 2024
Kyrgyzstan's Revenue from EAEU Cigarette Tax Decreases in 2024
Kyrgyzstan's Finance Ministry report revealed a decrease in tobacco tax revenue from EAEU countries, with a total income of 25.262 billion som.
Aug.08 by 2FIRSTS.ai