Ukraine wants to restore state regulation of food prices
Ukraine
Published Dec 5, 2021
Tridge summary
Ukrainian lawmakers want to restore the state regulation on the prices of foodstuffs of important social importance, which was canceled in 2017, and to set a profit margin of 5-15% on the selling price of the producer. On December 2, the Verkhovna Rada registered draft law No. 6374 on amendments to the law "Prices and pricing", which will restore state regulation of prices of "social" food products.
Original content
According to the text of the document, government intervention in the prices of “social” food products imposes a commercial margin on sales prices that can be at least 5% and maximum 15% to producer prices. The list of food products with important social importance is determined by the Council of Ministers. Ski resorts in Ukraine will now only accept vaccination certificates and PCR tests At the same time, according to the bill, the government will have to introduce state regulation on prices for buckwheat, groats, granulated sugar, wheat flour of the highest grade, noodles made from wheat flour of the highest grade, pasteurized milk. In this case, the prices of milk with 2.5% fat content, rye-wheat bread, bread wheat flour, chicken eggs in the C1 category, chicken carcass, mineral water, butter with 72.5% fat content and sunflower oil will be subject to regulation. The implementation of the norms of this bill is expected to allow state regulation of the prices of socially ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.