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Cabinet issued Decree permitting State Food Reserve sugar population sales
19.05.2009 16:00 "Agro Perspectiva" (Kyiv) —
As of May 13/09, Cabinet has issued Decree ¹ 460 permitting to sell sugar to population from State Food Reserve stocks. Decree has been published on Government official website. As to Decree, Cabinet agrees with AR of the Crimea Ministers Council, Regional State administrations, Kyiv and Sevastopol City State Administrations proposal to sell sugar from State Food Reserve to population through trade companies whose list is to be approved by corresponding local executive authorities. Besides, Decree stipulates that Agrarian Fund should assure sugar selling from State Food Reserve to trade companies on prepayment condition at price fixed by Ministry of Agrarian Policy and coordinated with Ministry of Economics; price shouldn’t be down against May 01/09 average purchase price (incl. storage expenses). As to Decree, trade companies have no right to export this sugar. Also, Decree says sugar retail trade price mark-up mustn’t exceed 15% against Agrarian Fund wholesale price no matter how many intermediaries take part in sugar population sales chain.
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