Millers refused to cancel VAT on grain imports in Kyrgyzstan

게시됨 2022년 2월 2일

Tridge 요약

Kyrgyzstan's flour-grinding industry is grappling with a significant dependence on grain imports due to insufficient domestic supply, with the majority of the grain used for animal husbandry and a high domestic consumption of flour and bread products. The cost of wheat imports, primarily from Kazakhstan and Russia, plays a crucial role in setting flour and bread prices. The Association of Flour Mills of the Republic is seeking an extension of the agreement on zero value added tax (VAT) on imported grain for at least another three years to support the industry and increase wheat production. However, the Ministry of Agriculture does not fully agree and has allocated funds for the purchase of food wheat to ensure food security and prevent price hikes. The ministry also notes that there is no current shortage of flour and wheat on the domestic market.

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원본 콘텐츠

The flour-grinding industry of Kyrgyzstan has a significant dependence on grain imports, as there is not enough of its own to provide the population with flour and bread. There is not enough grain for animal husbandry, which, for most of the year, is grazing. Kyrgyzstan is a country with high domestic consumption of flour and flour products. The shortage of wheat oriented local millers to increased imports of wheat, primarily from Kazakhstan and Russia. The cost of this wheat forms the basis for the price of flour and further of bread and other products made from flour. Additional taxation on wheat imports leads to an additional rise in price. As KazakhZerno.kz has already reported, millers in Kyrgyzstan are asking their government to extend the agreement on zeroing the value added tax on imported grain for at least another three years. Rustam Zhunushov, President of the Association of Flour Mills of the Republic, stated this at a press conference on January 13. As an argument in ...

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