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Ministry of Economics promulgated report on tracking of Cabinet Decree on sunoil/sunseeds licensable export quotes volumes
15.05.2009 16:10 "Agro Perspectiva" (Kyiv) —
As of May 13/09, Ministry of Economics has published on its official website report on basic tracking of Cabinet Mar 12/08 Decree ¹ 189 “About Approving of Quotes Volumes for Sunoil/Sunseeds Whose Export is To Be Licensed until Jul 01/08 and Licenses Issuing Procedure.” As to report, Cabinet draft Decree was elaborated to prevent domestic sunoil/sunseeds market deficit/prices destabilization. Report says main indicator of this Act efficiency was State sunoil/sunseeds requirement satisfaction within 2007/08 MY alongside with sunoil/sunseeds prices growth prevention. Financial means/time which are to be spent by economic entities and/or natural persons to fulfill this Act demands correspond to export license issuance payment amount (UAH780). It is to be admitted, time which is to be spent by economic entities remains unchanged. Adoption of this draft Decree will contribute to Ukrainian State budget revenues growth, sunoil/sunseeds domestic market stability and main sunseeds processors recourses provision, − what is to result in jobs retention.
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