Zelenskyy to stimulate Ukrainian bioethanol output

06.11.2019 15:19 "Agro Perspectiva" (Kyiv) — As of this week, Ukrainian President Volodymyr Zelenskyy has submitted to the Verkhovna Rada a draft law aimed at liberalizing activities within ethyl alcohol output/trade, Ukrainian National Association of Sugar Producers says referring to the Presidential website report. As to the report, the draft law proposes to abolish the domestic market State monopoly on ethyl alcohol output as soon as Jan 1, 2020. As to the report, the draft law stipulates to enable the domestic market economic operators of any form of ownership to produce ethyl alcohol output activities on condition of obtaining a corresponding license. It is to be admitted, as of now, the ethyl alcohol wholesale trade is allowed on the Ukrainian territory on condition of having a licence. Besides, the President draft law also stipulates that until Jan 1, 2022, the ethyl alcohol is allowed to be imported only by the State-owned companies authorized by Cabinet. In meanwhile, while on a visit to Ternopil region last week , President told that the boiethanol output can become one more direction of the Ukrainian alcohol industry. As to him, the Ukrainian bioethanol production is to be stimulated — what will result in the domestic total alcohol industry working better, thus assuring the people having jobs, taxes’ payment and economics growth.

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