News
12.10.2009
Export duties for sunflower seed to stay
The Ministry of Agrarian Policy of Ukraine and the Association of sunflower oil producers (“Ukroliyaprom”) crusade for keeping of the export duties (13%) fro sunflower seed in the country. However, agrarians, growing the oilseed, insist on the cancellation of the export fee, due to the low price of sunflower seed and the desire of agrarians to gain on the foreign market at the expense of sunflower sales. In their turn, sunflower oil producers are afraid of the total exports of all sunflower seed volumes from Ukraine, and the possible absence of the raw material. According to experts, producers of sunflower oil will win in the struggle, because the members of the government are interested in the stable prices on the domestic market and stable tax revenues.
The government plans to fulfill the budget, and lower the deficit of financial resources, at the expense of the tax revenues from sunflower export duties, added Alexander Okhrimenko, the expert of the financial market.
UNIAN
