Coca-Cola, Pepsi say they will halt business in Russia

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NEW YORK: Coca-Cola and Pepsi are suspending business in Russia, the soft drink giants announced Tuesday (Mar 8), as corporations and Western governments penalise Moscow for its invasion of Ukraine. Russia\u0027s attack on its neighbor has drawn unprecedented sanctions and international condemnation that h

have already announced curtailed or suspended operations in Russia since the attack began last month.

"Given the horrific events occurring in Ukraine we are announcing the suspension of the sale of Pepsi-Cola, and our global beverage brands in Russia, including 7Up and Mirinda," Pepsi said in a statement.were corporate pioneers whose work with the Soviet Union and the post-Soviet Russian state decades ago were seen as improving international relations.

Pepsi will suspend all advertising in Russia and stop the sale of its drinks brands, while continuing to sell essentials such as milk and baby food. Coca-Cola was the official drink of the 1980 Olympic Games in Moscow, despite the United States boycotting the event in protest of the Soviet invasion of Afghanistan.

 

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