Ukraine: Verkhovna Rada registered the draft law to establish the export duties on crude sunflower oil
The Verkhovna Rada of Ukraine registered the draft law #4858, which proposes to establish the export duties on crude sunflower oil. The People's Deputies of Ukraine Olexandr Myrnyi (All-Ukrainian Union Svoboda) and Ihor Miroshnychenko (All-Ukrainian Union Svoboda) are the authors of the document.
In particular, the document proposes to set the export duties at the rate of 3% of the customs value of the goods since January 1, 2015.
According to the explanatory note, the draft law is designed to redistribute incomes of the Government. For example, crude sunflower oil forms 90% of the general exports of the commodity type from Ukraine.
Thus, the domestic producers do not export the final product, but the actual semi-finished product. Thus, the Government is losing working places and the corresponding profit, which may be obtained from the activities of sunflower oil refining and sale of the end product, informed the note.
According to the authors of the draft law, realization of its provisions during practical application after its adoption will result in coming of budget revenues at nearly 792.825 mln UAH.
You should be authorized to post comment
APK-Inform and Interlegal updated the program of "Grain Forum & Maritime Days 2016"
April 29, 11:40
Ukraine reduced the production of flour from alternate crops
April 28, 09:55
Ukraine exported over 33 mln tonnes of grains - Ministry of Agrarian Policy
April 27, 17:30
Ukraine to take the second position for agricultural products exports, following the USA
April 27, 17:00
Ministry of Agrarian Policy of Ukraine to actively apply the best agrarian practices of the USA and European countries
April 27, 14:25
Early bird fee for participation in VegOils & Meals–2016 until the end of April
April 27, 13:25
Efficiency of the agricultural complex of Ukraine is one of the major priorities for the Cabinet of Ministers
April 27, 12:10
Ukraine planted early spring grains throughout 2.4 mln ha – Ministry of Agrarian Policy
April 27, 10:30