Tuesday, August 26, 2014

FAS does not approve a proposal to curb food prices – BBC

FAS does not approve a proposal to curb food prices – BBC

The mechanism of restraint in consumer prices in the face retaliatory sanctions in the form of tripartite agreements between regional authorities, suppliers and retailers have not found support in the Federal Antimonopoly Service, writes «Kommersant» . The measure was proposed by the Ministry of Agriculture.

yesterday on the board of food markets, chaired by Deputy Prime Minister Arkady Dvorkovich discussed the mechanism of cost containment through tripartite agreements between retailers, suppliers and regional authorities. However, FAS is not in favor of such agreements, citing the negative past practices. According to the Ministry, “it does not give real effect».

Tripartite agreements were already operating in Russia in 2007 and 2010. The idea of ​​returning to such agreements came after Russia imposed retaliatory sanctions by banning the import of products from the European Union, Norway, Australia and the United States.

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