Reduction of the EU import quotas to change the export structure of Ukrainian fat-and-oil products
Reduction or complete cancellation of the import quotas by the European Union will allow expanding trade and economic relations with Ukraine, and changing of the export structure of domestic fat-and-oil commodities from the country, declared Stepan Kapshuk, General Director of the association Ukroliyaprom, on March 5 at the press-conference "Oilseed market: prospects for development in the second half of the season, forecast for the harvest-2014".
He said such actions will allow to Ukraine to increase the supply of products with high added value on the European market - packed refined sunflower oil, margarines and fats for special purposes.
As for imposition of autonomous trade preferences for Ukraine by the EU, S.Kapshuk noted that trading of fat-and-oil commodities will provide more than 50% of the forecasted additional revenue from the provided preferences for domestic agricultural commodities at the general level of 300 mln EUR.
He stressed that the fat-and-oil industry of Ukraine is ready to supply food commodities to the EU in line with the European qualitative standards.
You should be authorized to post comment
Ukraine to become the major supplier of sunflower meal to China – Ukroliyaprom
Ukraine: as of April 1, grain stocks totaled 16.2 mln tonnes – State Statistics Service
Ukraine started planting corn - Ministry of Agrarian Policy
April 16, 17:50
In January-February, Ukraine reduced the exports of goods - State Statistics Service
April 16, 16:50
In January-February, Ukraine exported almost 200 thsd tonnes of wheat to the EU
April 15, 16:20
Ukraine: Nika-Tera transshipped over 420 thsd tonnes of grains in January-March
April 15, 12:40
Ukraine: agricultural commodities production decreased by 4.7% - State Statistics Service
April 15, 09:30
As of April 14, Ukraine planted spring grains throughout 1.8 mln ha - Ministry of Agrarian Policy
April 14, 17:30