Ukraine's government has reached some agreement with producers and confectioners' associations on the price of sugar

Published 2021년 7월 12일

Tridge summary

An agreement on the price of sugar has been reached by the relevant ministries with sugar producers and confectioners' associations in Ukraine, according to Danilo Hetmantsev, the head of the parliamentary committee on finance, tax and customs policy. However, a proposal to expand the quota for sugar imports was not supported by the committee due to concerns about state intervention in pricing and a lack of confidence in its necessity.

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Original content

The relevant ministries have reached a certain agreement with sugar producers and confectioners' associations on the price of this food product, said the head of the parliamentary committee on finance, tax and customs policy Danilo Hetmantsev. "People's deputies proposed a decision to expand the quota for sugar imports, which was not supported by the committee, given the rather neutral position of both the Ministry of Agrarian Policy and the Ministry of Economy. Given that the state should intervene as little as possible in pricing and that we do not have full confidence that such intervention is necessary, the deputies did not support this decision and did not recommend this bill. I have information that the ministries are currently working with sugar producers and ...

Source: AllRetail.ua