The government unblocked the export of rye and mineral fertilizers

The government canceled the prohibition on the export of rye and mineral fertilizers. An automatic licensing regime has been introduced for these products.

Now transitional rye remains in Ukraine are estimated at 73 000 tons and grain production is expected at 351 000 tons. This will allow to ensure the internal need for consumption, which is 353 thousand tons a year.

Besides due to the end of the sowing campaign, the demand for the purchase of mineral fertilizers is significantly lower. And directing the surplus of these items to export will allow to increase the foreign currency income to the country, which is an important condition for economic recovery.

It should be mentioned that earlier the Government introduced a zero quota for the export of rye and mineral fertilizers, which actually meant a prohibition on their supply. Such measures were necessary to ensure the mandatory presence on the market of these crucially important goods.

Reference source: https://bit.ly/3otQ57J

 

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