The Ministry of Economy of Ukraine proposes to raise minimum prices for alcoholic beverages

Published 2021년 5월 5일

Tridge summary

The Ukrainian Cabinet of Ministers is proposing to increase the minimum wholesale and retail prices for certain alcoholic beverages, as outlined in a draft resolution. The proposed increases vary by product code, with vodka and some other beverages seeing a 6.2% increase, and whiskey, rum, gin, and cognac seeing a 5.9% increase. Wine products could see up to a 34.2% increase. However, the prices for natural grape wines, sparkling wines, and carbonated wine drinks will remain the same. The draft resolution also aims to align product descriptions and their grouping by codes with the Tax Code of Ukraine.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is stated in the draft resolution of the Cabinet of Ministers of Ukraine "On Amendments to the Annex to the Resolution of the Cabinet of Ministers of Ukraine of October 30, 2008 №957". The draft resolution envisages amendments to the appendix to the resolution of the Cabinet of Ministers of Ukraine according to which it is proposed to increase the size of minimum wholesale and retail prices for certain types of alcoholic beverages depending on the product code from UKTZED, in particular retail prices for: vodka and alcoholic beverages - by 6.2%; whiskey, rum and gin - by 5.9%; cognac (brandy) - by 5.5%; wine products (fermented beverages, mixtures of fermented beverages and mixtures of fermented beverages with soft drinks; cider and perry; fermented beverages obtained exclusively from the natural fermentation of fruit, berry and fruit juices, with an alcohol content not exceeding 8.5% vol capacitive units (without the addition of alcohol), vermouth, other natural grape wines ...

Source: Agravery