Business news from Ukraine

UKRAINE IMPOSES BAN ON EXPORT OF NITROGEN FERTILIZERS

7 July , 2022  

The quota for the export of mineral or chemical fertilizers, nitrogen (UKTVED code 3102) has been reduced from 210,000 tons per quarter to zero, that is, in fact, a ban on the export of these goods from the country has been reintroduced.
The corresponding resolution of the Cabinet of Ministers No. 759 of July 1 was published on its website on Thursday.
Earlier, immediately after the government meeting on July 1, its representative in parliament, Taras Melnichuk, said that nitrogen mineral fertilizers were excluded, along with oats, from the list of goods whose exports are subject to quotas, and are included in the list of goods whose exports are subject to licensing.
However, the published decree regarding oats confirmed this information, but refuted it regarding mineral fertilizers and actually tightened exports, and did not liberalize it.
As reported, nitrogen fertilizers were banned for export at the beginning of March, but at the end of March the government allowed their export within the quarterly quota of 210,000 tons, or 70,000 tons per month.

, ,