Yushchenko commissioned Cabinet to cancel grains/sunoil quotas until May 19
16.05.2008 12:37 "Agro Perspectiva" (Kyiv) —
President Viktor Yushchenko has charged Cabinet to meet with agricultural producers and take decision on grains/sunoil export limitations abolishment until end this week (May 19), reported presidential press-service referring to his letter to Premier (written due to results of May 14 meeting with agricultural producers). “Until end this week it necessary to hold meetings on agriculture current condition with agricultural producers and agrarian business representatives and take decision to cancel grains/sunoil export limitations,” says press-service as citing Yushchenko letter. Besides, President charged Government to enter into dialogue with agricultural producers/agrarian business representatives in order to form balanced, well-coordinated efficient policy of 2008/09 MY agrarian markets regulation. President also obliged Cabinet to assure fulfillment of producers/exporters promise to prevent grains/sunoil wholesale prices growth and shortening of grains shipments to bakeries/flour millers until this MY end. As to President, Cabinet should as well assure fulfillment of producers/exporters similar promise on sunseeds/sunoil. Yushchenko named grains/sunoil markets situation critical, what is to be explained, as he thinks, mainly with markets administrative regulation. President stressed that 2008 sunseeds crop stable processing became under threat due to 13 oil extraction plants having had halted. “Oil extraction industry condition and prospects are worsening each day,” declared President. Making reference to scientific estimations, President said Ukrainian agricultural producers had already lost US$1.1-1.4 milliard due to export limitations. As earlier reported, Cabinet had commissioned Ministry of Economics to examine possibility of grains export quoting abolishment. As to Agro Perspective earlier report, Ministry of Agrarian Policy had proposed either to grow sunoil export quota by 200,000 MT (up to 700,000 MT) or cancel it.
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