Ukrainian First Deputy Minister of Agrarian Policy and Food Maksym Martyniuk says Ukraine's government opposes the introduction of amendments to the Tax Code of Ukraine, which will cancel value-added tax (VAT) refunds for exports of rapeseed, soybeans and sunflower seeds as of March 1, 2018.
Ukraine's Cabinet of Ministers has adopted a resolution tightening the rules for state registrars in order to eliminate the possibility of their assistance in illegal seizures of agrarian assets, according to a relevant decision made at a government meeting on Wednesday, December 6.
The draft national budget for 2018 introduced for the second reading in the Verkhovna Rada does not foresee the allocation of funds as direct subsidies to agrarian, designed to compensate their losses from the abolition of the special VAT regime, according to the draft law on the 2018 budget posted on the website of Ukraine's parliament.
Ukrainian farmers in Odesa region are concerned over raiders' attempts to seize their harvest gathered this summer, according to the Ukrainian News agency.
The Ukrainian Ministry of Agrarian Policy and Food has issued an updated forecast for the grain harvest in 2017, projecting it will be 62 million tonnes, which is the second largest marker in the country's independence, according to the ministry's press service.
Ukrainian agrarians have exported a record 43.41 million tonnes of grain since the beginning of the 2016-2017 marketing year (MY, July 2016 – June 2017), which was 4.4 million tonnes up from the previous year, according to the Ukrainian Agrarian Policy and Food Ministry's press service.