According to Ukrainian media reported with reference to the ministry’s press service, minimum export prices on certain agricultural products will be determined by the Ukrainian Agrarian Policy and Food Ministry in compliance with the International Rules for the Interpretation of Trade Terms and taking into account delivery terms.
The government set minimum export prices for honey, shelled and in-shell nuts, wheat, rye, barley, oats, corn, soybeans, rapeseeds, sunflower seeds, soybean oil, sunflower oil, rapeseed oil and pomace at a meeting on Tuesday.
It will be prohibited to export certain types of products if their prices as per a foreign trade contract are lower than the minimum export prices determined by the Agrarian Policy and Food Ministry for each type of product after introduction of an export guarantee regime.
Delivery terms will be taken into account by issuing a corresponding decision (order) before the 10th day of every month or, if such a day falls on a day-off, on the next working day. The ministry’s official website will publish minimum export prices that will come into effect the next day, while the government’s resolution will take effect ten days after its publication.
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