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Post: Ministry of Industry and Trade talked about Asian and UAE brands in the Russian market


Ministry of Industry and Trade of the Russian Federation. Archive photo

Ministry of Industry and Trade: Brands from Asia and the UAE are actively entering the Russian market

MOSCOW, October 20 – RIA Novosti. Brands from Asia and the United Arab Emirates are actively entering the Russian market, increasing their positions and domestic companies, Deputy Minister of State for Industry and Trade Viktor Evtukhov said in an interview with RIA Novosti.

According to him, almost all of the countries currently represented on the Russian market were previously included in this market, and now there is a redistribution of shares.

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“Traditionally “Asian” brands are now increasing their share and taking a more active part in the market. The United Arab Emirates is now well represented. CIS countries also always supply their products to the Russian market, only now there are even more. The Russian market is large and attractive – those who want There is a lot of trade with us here,” Evtukhov emphasized.

He also added that with the departure of many foreign brands, the assortment of products on the shelves did not decrease, and Russian companies began to actively replace foreign products.

“For some categories of non-food products, the situation is more complicated; manufacturers need time to get used to new niches. But the consumer does not feel all this. Because it is not only our companies that are developing the vacated market. New brands are also coming to us from friendly countries. At the same time, “Russian retail chains special promotes tags. Therefore, in terms of saturation and diversity in the consumer market, Russian business is doing an excellent job,” summed up Evtukhov.

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Source: Ria

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