OREANDA-NEWS. Director of the Department of Economic Cooperation of the Russian Foreign Ministry Dmitry Birichevsky called reports of a shortage of coffee in the country in connection with the sanctions horror stories. In an interview with Rossiyskaya Gazeta, he noted that the raw materials for the drink are supplied from countries in Africa, Asia and Latin America, which did not support the sanctions, and roasting and processing takes place at domestic enterprises. Therefore, interruptions in coffee supply chains can not be expected.

"Of course, individual logistical interruptions, exchange rate fluctuations, difficulties in international settlements affect the cost of coffee. At the same time, I would not believe the horror stories that coffee would disappear from Russian shelves", Birichevsky said.

Earlier, the Italian Lavazza Group, engaged in the production of coffee, suspended its activities in Russia. The company also temporarily stops distribution on the territory of Ukraine due to force majeure circumstances. Finnish coffee companies also announced their withdrawal from the Russian market.

Alexander Razuvaev, a member of the Supervisory Board of the Guild of Financial Analysts and Risk Managers, suggested that there would be no shortage of coffee in Russia due to re-export, but its value would increase, including due to a general rise in the price of food and coffee as an exchange commodity.