Rada making a move to abolish alcohol output State monopoly

15.11.2019 13:11 "Agro Perspectiva" (Kyiv) — As of this week, Verkhovna Rada has adopted, within the first reading, the Presidential draft Law No. 2300 on the abolition of the State monopoly on alcohol output since Jan 1, 2020, Ukrinform says referring to the draft Law "On amendments to the Law of Ukraine "On State regulation of output and circulation of ethyl, cognac and fruit lacohol, alcoholic beverages, tobacco and fuel " published on the Rada website. As to the report, the MPs have also supported shortening two times of this draft Law preparation for the second reading. It is to be reminded, at its meeting on Nov 14, the Parliamentary Committee on Agrarian and Land Policy recommended that the Verkhovna Rada adopt this draft Law within the first reading. It is to be admitted, this draft Law stipulates cancelling of the State monopoly on alcohol output since Jan 1, 2020, and assures to the economic entities of any form a possibility to produce alcohol on condition of having obtained a corresponding license, as well as the full liberalization of alcohol export from Ukraine. At the same time, in order to protect the domestic producer, the draft Law stipulates that the import of alcohol until Jan 1, 2022 should be be carried out only by State-owned companies authorized by the Cabinet.

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