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  • Heinz-Wilhelm Strubenhoff: "Within the frames of Ukraine's negotiations on setting up a free trade zone with the EU, it is advisable to reduce export duty for sunflower seeds by 1% each year to 10% in compliance with the WTO agreement, and the European Union insists on its complete abolishment"

    25.10.2010

    Within the frames of Ukraine's negotiations on setting up a free trade zone with the EU, it is advisable to reduce export duty for sunflower seeds by 1% each year to 10% in compliance with the WTO agreement, and the European Union insists on its complete abolishment. This opinion was expressed by project leader of the German-Ukrainian Policy Dialogue in Agriculture at the Institute for Economic Research and Policy Consulting Dr. Heinz-Wilhelm Strubenhoff.

    In the meantime, a 12% export duty existing now for sunflower seeds in Ukraine cuts by 6.5% the purchase price for this agrarian culture for producers. At the same time, high profits from sunflower seeds export compensate a low price for raw seeds.

    Naturally, Ukrainian producers win from abolishment of export duty, in the same way as the processing companies in the EU that import the largest number of Ukrainian sunflower seeds. However, after abolishment of duty, for instance, a half of the Ukrainian yield of this culture will be exported to the EU, the national processing industry that supplies about 50% of total sunflower oil to the world market will have great problems. Finally, this will have a negative impact on sunflower growers, the expert believes.

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    Source:  Ukrinform
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