Business news from Ukraine

Business news from Ukraine

Government introduces monitoring of soybean and rapeseed exports to prevent abuse of preferential customs duties

The Cabinet of Ministers has adopted a resolution introducing a mechanism for monitoring soybean and rapeseed exports, according to the press service of the Ministry of Economy, Environment, and Agriculture.

“We are introducing a transparent mechanism that allows producers, rather than intermediaries, to be exempt from export duties. The funds that the state will receive from traders’ duties will replenish a special budget fund and will be directed to programs to support frontline territories, where farmers work in the most difficult conditions, grants for processing, greenhouses, orchards, and insurance against military risks,” said Deputy Minister of Economy, Environment, and Agriculture Taras Vysotsky, whose words are quoted in a statement on the ministry’s website.

The Ministry of Economy noted that the document aims to ensure the fair application of export duty exemptions for certain categories of agricultural producers.

The new procedure establishes a monthly monitoring mechanism to be implemented by the Ministry of Economy to verify the compliance of exported product volumes with the data contained in the State Agrarian Register (SAR) regarding the actual products grown. If discrepancies are found between the declared and actual volumes grown, the Ukrainian Chamber of Commerce and Industry is obliged to cancel the expert conclusions.

“The introduction of such a mechanism ensures that only those exporters who have actually grown the products themselves will benefit from the exemption from export duties,” the ministry added.

The resolution ensures transparent and fair administration of the export duty exemption, prevents abuse during the export of soybeans and rapeseed, provides equal and fair conditions of competition for agricultural producers, and ensures state support for farmers, as only traders, not producers, will pay the duty, the statement said.

The government’s decision is expected to strengthen state control, ensure targeted budget revenues, and contribute to the stability of the agricultural sector. Monitoring will make it possible to simultaneously support conscientious producers and guarantee the replenishment of a special fund for the implementation of key agricultural development programs.

As reported, in September 2025, a law was passed introducing a 10% export duty on soybeans and rapeseed. Agricultural producers and cooperatives that export their own products are exempt from paying the duty. The duty is paid by traders and other exporters who are not producers. The mechanism is aimed at supporting farmers, stimulating domestic processing, and filling a special state budget fund to finance agricultural programs.

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STATE REGULATOR SETS FEED-IN TARIFF FOR SOLAR PLANT OWNED BY ETG GAS TRADER

The National Commission for Energy, Housing and Utilities Services Regulation (NCER) has set a feed-in tariff for the ETG Solar 5 LLC solar plant with a capacity of 11.1 MW (Zhovti Vody, Dnipropetrovsk region) at a rate of 15.03 euro cents per kWh.
According to the NCER’s website, the commission made such a decision at a meeting on October 3.
The validity of the tariff is until January 1, 2030.
The commission also provided tariff for Dniproukrenergo LLC station with a capacity of 6.2 MW (Nova Kakhovka, Kherson region). The company is owned by Logos Firm LLC and Mykyta Hostev, who is the director of Dniproukrenergo.
In addition, feed-in tariff was given to Sunny City LLC with a capacity of 8.3 MW (Ivano-Frankivsk region). The company is owned by Sansolar LLC, Andromeda Industry LLC and Yevhen Yaremenko. The ultimate beneficiary is Andriy Havryliv.
The NCER also set the tariff for the second stage of Ternovytsia Solar LLC with a capacity of 15.5 MW (Ternovytsia, Lviv region). The company is owned by Vydobutok Plus LLC and Greenville closed non-diversified venture corporate investment fund. The ultimate beneficiary is Ivan Torsky.
ETG Solar 5 LLC is owned by Energy Trade Group LLC, the largest private gas supplier to Ukraine. The ultimate beneficiary is Oleksiy Bondarenko. The number of clients of Energy Trade Group at the beginning of 2019 exceeded 2,500 companies.

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