NOT ONLY FOOD: ITALIAN EXPORTS AT RISK IN RUSSIA

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Over 16% of the Italian agro-food export value in Russia is represented by sparkling wines and, according to Coldiretti, it should stay away from the prohibition policies of Vladimir Putin.

The embargo didn’t involve the industry in 2011 because of the Gancia company, the historic home of sparkling wine, about the 70% was acquired by the oligarch Rustam Tariko, owner of the bank and the vodka Russki Standard.