According to a report by Russian media outlet ABN24 on November 11th, the Russian government has officially approved new powers for the Ministry of Finance in the tobacco industry.
According to an official website announcement, the Ministry of Finance will be responsible for formulating national policies and regulatory systems related to license issuance, national services, and the tobacco industry.
In mid-April this year, a draft legislation was introduced proposing the transfer of regulatory authority over the tobacco market from the Ministry of Agriculture to the Ministry of Finance. The draft legislation also suggests restructuring the Russian Alcohol Market Regulation Agency into the Federal Bureau of Tobacco and Alcohol Market Control.
It is expected that the government will develop regulations and establish a tobacco production and sales licensing registry moving forward.
Notice
1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.
2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.
3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.
Copyright
This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.
This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.
