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Government to partially compensate agrarians grains storage expenses
14.11.2008 15:30 "Agro Perspectiva" (Kyiv) —
Government proposes to compensate to agrarians 70% cost of agrarians-produced grains storage on certified grain warehouses within 2008/09 MY (Jul/08-Jun/09), says draft Law “About Preventing of Negative Consequences of Global Financial Crisis Effect on Ukrainian Agrarian-Industrial Complex Development,” registered in VR by Cabinet. As to draft Law, compensation will be granted since this year Nov 01. Besides, draft Law also stipulates Cabinet should be given right to fix tariffs on prices State regulation objects storage (as to current legislation, presently prices State regulation objects storage payment is 0.5% of their minimal purchase prices). As to draft Law, grains which are prices State regulation objects (as well as grains being granted State loans for) should be stored only on certified grain warehouses.
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