Azeri agribusiness and food manufacturer Azersun Holding has set up a joint venture in St Petersburg to streamline its export operations, the president of the city’s business development committee Elgiz Kachayev said last week.
Ever since Russia introduced a ban on food imports from the EU in retaliation for the sanctions imposed by the West after the intervention in Ukraine, Russian customs officers have been fighting a running battle with importers from countries exempt from the ban trying to pass off embargoed goods as their own. The new JV is intended to circumvent this problem.
“Unfortunately there are some companies that sell their products under Azeri brand names that originate in other countries and regions,” Kachayev said. “We really need direct deliveries from Azerbaijan in order to give the residents of St. Petersburg a chance to buy them directly.”
Azeri food exporter Azersun sets up St Petersburg JV
Food market in St Petersburg
Source: Azernews