Finance Ministry has plans to raise excise tax on alcoholic beverages and cigarettes even more rapidly, according to proposals prepared by the ministry to the Excise Tax Law. These proposals have been submitted to the Saeima for approval in the final reading. FM explains that it is necessary because there are plans to apply greater…
In January-June Ukraine exported 8,400 tons of potatoes worth $300,000, 95% of which was purchased by Belarus, the Ukrainian Agrarian Conference reported with a reference to the State Fiscal Service of Ukraine. “Belarus purchased 95% of Ukrainian potatoes indented for export, Moldova – another 2.6%,” reads a report. In January-June Ukraine exported 68% more potatoes…
PJSC Agrarian Fund is planning to launch production of buckwheat and corn flours, the company’s board chairman Andriy Radchenko said. “My task consists in ensuring profitability of the company. Products with added value are more profitable than raw materials. Therefore we constantly expand this area. The range was widened consistently: first we launched production of…
Prices of dairy products in Latvia will either remain on the current level or increase even more in the next couple of months. With that, there is no reason to expect price decline in the near future, predicts head of Agriculture Market Promotion Centre Inguna Gulbe. It was reported at the beginning of July that,…
According to the official statistics figures, in 2016-2017 MY Ukraine exported 5.35 million tons of barley, up by 21% YoY (4.41 million tons), which became the highest rate for the country in seven recent years. In the season 2016-2017, Saudi Arabia (42% of the general supplies) and Libya (18%) were the main importers of Ukrainian…
By increasing excise tax for beer, the goal of reducing alcohol consumption will not be achieved. This is because consumption of other alcoholic beverages will increase as a result, notes CEO of Latvian Breweries Union Peteris Linins, commenting on the government’s plans to raise excise tax for beer. He emphasizes that Finance Ministry has developed…
Potato harvest in Latvia may come one week later than usual. Still, the harvest is expected to be on the level of last year, Potato Growers and Processors Union declared. Aiga Kraukle, chairman of the union, says it is too soon to predict the exact potato yield. But since there are plenty of potato tubers…