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Cabinet permitted State Reserve to begin meat purchases
05.09.2007 08:03 "Agro Perspectiva" (Kyiv) —
As to Cabinet Decree ¹ 1079 (from Aug 30, 2007), Cabinet has allowed State Committee for Material Reserves (State Reserve) to start buying domestic/foreign meat. As to Decree, Cabinet has commissioned State Reserve to make 2007 meat purchases to State reserves in order to bring reserves volume up to normative storage level. Decree says meat purchases should be financed with costs which will be paid as redemption of indebtedness for obtaining of material values from State Reserve. Therefore, Cabinet has commissioned Ministry of Industrial Policy, Ministry of Agrarian Policy, Ministry of Fuel and Energy and National Joint Stock Company Naftogaz Ukrainy to provide measures to pay off their creditors indebtedness (not below UAH200 mn) to State Reserve until Sept 10 with paid costs to be directed for meat purchases. It is to be admitted, Ministry of Industrial Policy and Naftogaz Ukrainy creditors indebtedness to State Reserve (for material values received from State reserves) is UAH50 mn (each); energy producing companies subject to Ministry of Fuel and Energy are to pay as much as UAH100 mn. Reportedly, Ministry of Agrarian Policy hoped State Reserve would begin domestic meat purchases since early Sept. As to Ministry, State Reserve plans to purchase in total 10,000-20,000 MT meat.
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