The Committee on Agrarian Policy and Land Relations recommends the Parliament to adopt the Bill on Amendments to the Law "On Grain and Grain Market in Ukraine" (re Export of Grain under the Foreign Economic Agreements)

01 March 2011, 17:00

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Опис : C:\Documents and Settings\Имя\Рабочий стол\2.jpgUnder the bill (Reg. No. 8163), a state operator of grain export can be a state-owned enterprise or an economic association, the authorized fund of which comprises at least 25 per cent of state shares, which was chosen on a competitive basis by the Cabinet of Ministers of Ukraine to export grain and its conversion products under the foreign economic agreements.

 

The Committee members believe that adoption of the bill will settle the issues impeding access of the Ukrainian agricultural producers to the foreign markets, boost the role of the state in the export of agricultural produce, improve the foreign trade balance, and generate extra revenue to the state budget.