The country is one of Russia’s top ten wine suppliers and its Sauvignon Blanc variety is reportedly very popular among Russians
New Zealand announced new trade restrictions against Russia on Tuesday, which include a ban on trade in luxury goods, in response to this week’s escalation of the conflict in Ukraine.
“The trade measures include a significant expansion of the range of exports of strategic importance prohibited to Russia and Belarus, and prohibiting certain luxury goods from being traded with Russia… like NZ wine and seafood and Russian vodka and caviar,” Foreign Minister Nanaya Mahuta said in a statement on the government website. The measures are to come into force on November 4. However, the details of the ban have not yet been revealed.
New Zealand wine is very popular with Russian consumers, with the country being among the top-ten suppliers of wine to Russia in 2021 and 2022, according to the Italian wine industry association…
