Business news from Ukraine

UKRAINE LIFTS BAN ON EXPORT OF SUGAR AND MILLET

The Government of Ukraine has canceled the ban (in the form of zero quotas) imposed on March 5 this year on the export of sugar and millet.

According to the Decree of the Cabinet of Ministers No. 549 dated May 7, sugar and millet are now included in the list of goods whose export is subject to licensing.

Earlier, the All-Ukrainian Agrarian Rada (VAR) proposed to the government to allow the export of millet, setting its quota of 80 thousand tons, since there is an excess of this crop in the country.

VAR referred to the data of the Ministry of Agrarian Policy for February 2022, according to which in Ukraine in the 2021/2022 marketing year (MY, July-June) 182 thousand tons of millet were produced, the carryover balance from 2020/2021 MY amounted to 18 thousand tons, while the average domestic consumption of millet in the country does not exceed 80 thousand tons, and export expectations for MY 2021-2022 – 80 thousand tons.

In addition, as of April 21, 2022, 4.8 thousand hectares of millet have already been sown in Ukraine, which is significantly more than on the corresponding date in 2021 – 0.9 thousand hectares.

This is the second such decision to lift the export ban. Previously, on April 10, it was replaced by licensing for live bovine animals (UKTVED code 0102), frozen bovine meat (code 0202) and meat and edible meat offal, salted or in brine, dried or smoked; edible flour from meat or meat by-products: cattle meat (code 021020).

Thus, rye, oats, buckwheat and salt suitable for human consumption, fertilizers (except nitrogen, for which the quota was increased to 210 thousand tons per quarter) remained on the list of zero export quotas.

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