This is not simple arithmetic: ban the export of grain and profit from the export of flour in Ukraine

Published 2024년 10월 16일

Tridge summary

Ukrainian processors are being urged to meet stricter quality standards to access international markets, particularly Europe, as depicted at the New Food Summit by the country's Deputy Minister of Economy, Taras Kachka. Kachka stressed the importance of product standardization and strategic planning, especially for high-value goods like confectionery, juices, and flour. He pointed out that quality issues, not product quality, are the reason for importing certain goods like butter. Kachka debunked the myth that banning exports of raw materials would boost domestic processing and advocated for quality improvement and standardization as the key to market growth. The simplification of the customs regime with the EU has provided Ukrainian processors with more export opportunities, although they still must adhere to EU labeling, packaging, and quality standards.

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Original content

Ukrainian processors face increasingly strict requirements for the stability of product quality, especially for entering international markets. During his speech at the New Food Summit, Deputy Minister of Economy of Ukraine for European Integration Taras Kachka called on domestic processors to actively adapt to changes in the requirements of world markets, in particular European ones, emphasizing quality standardization and long-term strategic planning. According to him, products with high added value, such as confectionery, juices and flour, show stable growth dynamics. "We make flour perfectly, but we have to import butter not because of quality, but because of stability," the deputy minister noted, stressing that even small deviations can influence the decisions of foreign partners. Kaczka noted that the common idea among processors that a ban on the export of raw materials will increase domestic processing is actually false. "It's not simple arithmetic: ban the export of grain ...

Source: Agravery