Business news from Ukraine

Business news from Ukraine

FARMERS HAVE FULL AMOUNT OF FERTILIZERS FOR SOWING CAMPAIGN

Ukrainian farmers have the full amount of mineral fertilizers required for carrying out spring field works and the expansion of safeguard measures for the import of mineral fertilizers would not create an artificial shortage of fertilizers, Ukraine’s First Deputy Prime Minister, Minister for Economic Development and Trade Stepan Kubiv has said.
“As of today, the market of mineral fertilizers is fully saturated for the spring field work, which was confirmed by the Ministry of Agricultural Policy and Food, profile associations and producers. Last year, with the efforts of the government, Verkhovna Rada deputies and associations, we launched the fertilizer producing enterprises, but they have not yet loaded their facilities in full. I’m talking about the Odesa Port-Side Plant, Sumykhimprom, Severodonetsk Azot, Cherkasy Azot and others,” he said, responding to a question from Interfax-Ukraine at a press briefing in Tuesday.
The first deputy prime minister also said that 12 safeguard trade measures are in effect with regard to the import of mineral fertilizers from the Russian Federation, including 10 anti-dumping measures, as well as countervailing and special measures.
According to Kubiv, there is no artificial shortage of mineral fertilizers for spring works, but there are questions to the group of fertilizers used in autumn works.
“Now we have a big request to the deputies that in the autumn we would settle this issue not by a resolution, but at the legislative level,” he said.
Kubiv said that the decision of the Interagency Commission on International Trade to expand the effect of anti-dumping measures on the import of ammonium nitrate from Russia to Ukraine with an increase in duties on the import of mineral fertilizers from Russia to 42.96%, made on March 26, was unanimous.

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