The move, estimated to bring in around $4.54 billion a year, comes as Russia faces a prolonged budget deficit amid weak oil prices and after Moscow offered Belarus a $1.5 billion loan.Read More
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The news comes as the heat-not-burn category appears to be running out of steam in South Korea. Read More
There is also a proposal to introduce administrative fines for violations of the imposed restrictions.Read More
Russian lawmakers want to restrict consumption inside certain territories, premises and objects.Read More
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KT&G Donates Diagnostics Kits to Russia and Turkey
Headquartered in South Korea, the tobacco firm has substantial operations in both markets. Read More
Russian legislators want to treat novel tobacco products like traditional ones. Read More
An illegal-trade conference in Abu Dhabi was told that the United Arab Emirates had become the fastest-growing channel for illicit cigarettes entering Russia.Read More
In Russia, alcohol use was a higher risk factor contributing to premature mortality in 2016 than was smoking tobacco.Read More
The Japan Tobacco Group has completed the acquisition of Donskoy Tabak, which was agreed in March.Read More
Russia’s Ministry of Health is in agreement with a proposal to categorize vaping products and tobacco products differently, and is urging cigarette smokers to switch to safer alternatives.Read More