Ukraine Eager to Follow Azerbaijan and Moldova in Cancellation of VAT on Grains Import – Ukrainian Deputy PM

Business Materials 31 July 2007 16:52 (UTC +04:00)

Ukraine, Kiev / corr Trend Z.Novosvitskiy / Victor Slauta, the Ukrainian Deputy Prime Minister, stated in an interview for the Ukrainian daily Delo that Ukraine wants to follow Azerbaijan and Moldova in the cancellation of VAT for grains import to make it cheaper.

The Government of Ukraine has appealed to the Ukrainian President to issue a decree on the cancellation of import VAT on grains.

"The Ministry of Agrarian Policy is developing a draft document with the Secretariat," Slauta stressed.

Now relevant talks on grains import to Ukraine from Belarus and Kazakhstan are in progress.

At the same time, Slauta stated in this marketing year Ukraine can export approximately 5mln tons of grains.

"We have calculated the grains balance. If to cover entire demand, including in the animal husbandry, then Ukraine can export some 5mln tons of grains.

The Government wants the traders to work at our market. Now grains prices at the domestic and foreign markets," Slauta said. He noted that more likely to export fodder grain and corns, because the barley has almost perished.