Ukraine will import raw cane sugar under a simplified procedure

Published 2023년 3월 16일

Tridge summary

The Ukrainian Cabinet of Ministers has eliminated the requirement for approval from the State Reserve when the Ministry of Economy issues licenses for the import of raw cane sugar, as part of an economic deregulation measure. This decision, made at a meeting on March 14, 2023, was announced by the Ministry of Economy of Ukraine and follows efforts to streamline state regulation of economic activities. The move was applauded by Yuliya Svyridenko, First Vice Prime Minister - Minister of Economy, as removing an instrument that was not in the best interest of the state, business, or society.

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Original content

The Cabinet of Ministers of Ukraine canceled the need to obtain the approval of the State Reserve when the Ministry of Economy issues licenses for the import of raw cane sugar into Ukraine within the tariff quota. This was reported by the press service of the Ministry of Economy of Ukraine. The Government made the relevant decision as part of the deregulation of the economy at a meeting on March 14, 2023. Previously, the issue of optimizing the issuance of this approval was considered by the Interdepartmental Working Group on the Issues of Accelerated Review of State Regulation of Economic Activity under the chairmanship of First Vice Prime Minister - Minister of Economy of Ukraine Yulia Svyridenko and Deputy Prime Minister - Minister of ...

Source: Agrotimes