The government has canceled licensing for the export of grain and oilseed crops
The Cabinet of Ministers of Ukraine has decided to cancel licensing for the export of wheat, corn, rapeseed and sunflower. This significantly simplifies procedures for farmers and exporters and will contribute to the resumption of trade on the international market.
According to government representatives, the cancellation of licensing will reduce the administrative burden on market participants. This decision will also contribute to increasing foreign exchange earnings in Ukraine, which is especially important in times of war and economic challenges.
Export licensing was introduced as a temporary measure in 2022 to ensure food security in Ukraine. However, the situation has changed, and now the government considers it appropriate to remove this restrictive mechanism.
It is worth noting that the agricultural sector of Ukraine remains an important source of income for the country, as well as very important for the global food market. Simplifying export procedures will help Ukrainian producers compete more effectively in world markets and support the economy and agricultural production of grain processing equipment in these difficult times
In addition to the abolition of export licensing, it is also important to focus on developing the production of high-quality agricultural equipment. Modern elevators, grain dryers and samplers are key elements for the effective operation of the agricultural sector.