Business news from Ukraine

Business news from Ukraine

UKRAINE CANCELS LICENSING FOR IMPORTS OF SPIRIT, ALCOHOL, CIGARETTES

The Cabinet of Ministers has abolished licensing for imports and exports of ethyl, cognac and fruit alcohol, ethyl rectified grape and fruit spirit, alcoholic drinks and tobacco products.
The decision was made at a government meeting on July 24 with the subsequent coordination with Deputy Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze.

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UKRSPYRT RESUMES SHIPPING SPIRIT

Ukrspyrt has resumed shipment of alcohol, terminated from July 1.
“The vodka crisis is canceled: the government has agreed on a temporary order for shipment of alcohol. State enterprise Ukrspyrt is working as normal and fulfilling contractual obligations,” the state-owned enterprise told Interfax-Ukraine.
The Cabinet of Ministers, in particular, agreed on a temporary order for shipment of alcohol until October 1, 2019.
“During this time, alcohol producers and consumers must bring accounting systems in accordance with the requirements of the Tax Code,” Ukrspyrt said.
As reported, the Cabinet of Ministers at a meeting on July 10 approved a “roadmap” of measures to resume the supply of alcohol suspended from July 1.
The document provides for the use of the metering devices already installed and registered in the relevant state register until the settlement of the issue of establishing and registering new electronic flow meters for ethyl alcohol by distilleries.

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