News
20.04.2011
Ukraine: Verkhovna Rada included the draft law on imposition of the export duties for grains in agenda
On April 19, the Verkhovna Rada of Ukraine included the draft law #8321 on making of amendments to the Tax Codex of Ukraine and adoption of tariffs of the export duties for several varieties of grains in agenda of the session day.
According to the draft law, the Government offers to approve the following tariffs of the export duties: wheat and meslin – 9% of the customs cost, but not lower 17 EUR/t; barley – 14%, , but not lower 23 EUR/t; maize – 12%, but not lower 20 EUR/t.
The Cabinet of Ministers informs the foreign countries that after coming into force of the law, all commodities, mentioned in the law, will be excluded from the regime of free trade with other countries.
It is estimated that the law will come into force on the first day of the month after the month of the official promulgation.
The export duties for grains are planned to be active till January 1, 2012.
Source from AgrimarketInfo
