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6 percent decrease of Moldova's industrial production due to Russian ban


Moldova's industrial output shrank in the first half of 2006 due to a Russian ban on wine imports, National Statistics Bureau in Chisinau announced on July 31. From January to June, Moldova's industrial production decreased by 6 percent compared to the same period in 2005. In March, Russia banned Moldovan wine imports, citing health and safety concerns. Russia accounted for 80 percent of Moldovan wine exports. Prime Minister Vasile Tarlev said on July 27 that Chisinau has lost $21 million due to the ban.

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