The Cabinet of Ministers of Ukraine prolonged the quota regime of grain exports till March 31, 2011, informed the Decree of the Cabinet of Ministers No1182, dd. December 6, 2010, published on December 28, 2010.
The Decree makes alternations to the Decree No938, dd. October 6, 2010, “On confirmation of quota volumes for the certain varieties of agricultural products, which exports to be subject to licensing till December 31, 2010, and adoption of the Order of issuance of the licenses for exports of the certain range of agricultural products and quotas distribution”. The Cabinet of Ministers also increased the quota volumes for wheat exports from 500,000 tonnes to the level of 1 million tonnes, and maize – from 2 million tonnes to 3 million tonnes. At the same time, the Government excluded seed maize from the quota regime.
According to the renewed order of issuance of licenses for grain exports, the distribution of grain export quotas is realized on the basis of the application, provided to the Ministry of Economic Development and Trade by the agent of economic activity during the period of seven calendar days, instead of 15 calendar days after the official promulgation of the beginning of such application acceptance. Besides, the Decree of the Cabinet of Ministers of Ukraine No1046 dd. November 10, 2010, “On introduction of alterations to the decree of the Cabinet of Ministers of Ukraine #938 dd. October 4, 2010” became annulled, according to the reporting Decree.
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