Abrau-Durso stated that the Russian law on sparkling wine has no reason to open “shampanskoye”

MOSCOW (Reuters)-Russian brewer Abrau-Durso stated that a new law requiring French champagne and other foreign sparkling wines to be marked “sparkling wine” on the bottle will not help stimulate sales of “shampanskoye” in Russia.

As the latest move to protect Russian products, Russian President Vladimir Putin signed a law on Friday that requires all foreign brands of sparkling wine to use the instructions on the back of the bottle, although the front label can be kept constant.

The law aimed at protecting “shampanskoye” by giving “shampanskoye” a unique status and making it free from rules has triggered strong protests in France. France jealously protects the “champagne” produced in its Champagne region as a unique product. Any other product is different. Other regions of France or other regions of the world.

Pavel Titov, president of Abrau-Durso and co-owner of his father, told Reuters that he believes the new law will not change the level of competition in the Russian market.

“We are in a completely different price range-imported French Champagne is many times more expensive,” he said.

Abrau-Durso’s stock was renamed the “Russkoye shampanskoye” brand “Russkoye igristoe” last year, that is, Russian sparkling wine, which rose 0.5% on Tuesday, and has risen by nearly 9% since the beginning of the week.

Titov said that Abrau-Durso exports its wines to 24 countries, but not France.

Titov told French media on Saturday that he hopes that the problem that has caused some in the French champagne industry to urge producers to stop shipments to Russia can be resolved in order to support global norms and standards.

Some French champagne producers stated that they will abide by the law to maintain access to the Russian market.

(This story fixes the punctuation in the title)