E-Malt.com News article: Ukraine: The State Customs Service does not accept licences for barley exports

The Ukrainian Grain Association has reported that the State Customs Service does not accept licenses for grain exports granted by the Economy Ministry, UkrAgroConsult released October 19.
“The State Customs Service does not accept licenses for grain exports granted by the Economy Ministry,” the report reads.

Ukraine's largest grain traders, members of the Ukrainian grain Associations, challenged the Cabinet of Ministers' resolutions introducing licenses and quotas for grain exports in Kyiv's Business Court on October 18.

In October, the Cabinet of Ministers introduced quotas for grain exports until the end of 2006 refusing from its licensing. The decision took effect on October 17. According to the regulation, general quotas for barley, export of which is to be licensed in 2006, are set in the amount of 600,000 t.

Premier Viktor Yanukovych claimed the government would cancel restrictions on grain exports with the end of grain purchases to the state and regional reserves.

The market insiders believe that limitation of grain export caused decreasing its price in the internal market.


20 October, 2006