KYIV. Aug 17 (Interfax-Ukraine) – The Ukrainian Grain Association (UGA) has appealed to Minister of Finance Natalie Jaresko with a proposal to establish a working group to address problems affecting grain exports, according to a press release issued by the association.
“Market participants point out a number of risks for the normal functioning of the grain market. According to the companies, there are cases of grain arrests on ships and at port terminals. Unknown persons buy grain from producers and middlemen for cash, including foreign currency,” the association said.
In addition, the issue of cancelling VAT accumulation and the transfer of farmers to the general system of taxation is being actively discussed. There are also remarks to the mechanisms of transfer pricing, rate fixing, etc.
As a result, to promptly solve the situation and establish systematic work, the UGA proposed that the Ministry of Finance sets up a permanent interdepartmental working group on the grain market with the participation of representatives of profile associations and businesses.
For its part, the UGA has stated its willingness to actively cooperate and provide necessary expertise and organizational support.
The association believes that Ukraine in the next ten years could double the volume of harvest, and businesses and governmental agencies should work together to solve problems and ensure the effective operation of the grain industry.
