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Rising sugar prices are destroying manufacturing industries

Jul 01 2021 published under Uncategorized, Activity, earnings, news

Today, 1 July, about 12.30 in the press center of the news agency “Interfax-Ukraine” a video conference of representatives of associations of various processing industries took place, including, of the Association “Ukrkondprom” regarding concerns about the situation with sugar prices. Associations call on the Government to prevent the aggravation of the socio-economic situation due to the forced rise in prices for socially significant food products, in which sugar is used: bakery, dairy, confectionery, ice cream, drinks, etc..

Over the past year, sugar prices Ukraine has doubled and continues to grow, though, what is its price in Ukraine on 30-40% exceeds world prices. This has already led to rising social prices significant food and has led to a deterioration in the situation of processors food industries, and also led to a decline in the purchasing power of citizens, increased social tension in society. In the processing industries through rise in price of raw materials there is a decline in production and sales products, reducing profitability, what, Consequently, leads to deterioration the state of industries and the forced reduction of about ten thousand jobs.

The video conference can be viewed on the Interfax Ukraine website at the link: https://ua.interfax.com.ua/news/video/752896.html

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Meeting of the Chairman of the Subcommittee on Customs Affairs of the Verkhovna Rada Committee on Finance, tax and customs policy, Oleksandr Sova and representatives of the executive authorities of Ukraine with participants of the Ukrainian beet and sugar industry and industry associations of food processing enterprises on the situation on the sugar market of Ukraine

Apr 19 2021 published under Uncategorized, Activity, earnings, news

16 April 2021 year based on the results of consideration of appeals of the business community, People's Deputy of Ukraine, Chairman of the Subcommittee on Customs Affairs of the Verkhovna Rada Committee on Finance, tax and customs policy, Alexander Sova The third open meeting of participants of the Ukrainian beet and sugar industry with representatives of the Ministry of Economic Development was organized, trade and agriculture of Ukraine, Ministry of Finance of Ukraine, State Customs Service of Ukraine and other executive bodies to discuss problematic issues and find common options and mechanisms for their solution.

In their appeals, representatives of relevant associations of food producers, which contain sugar, expressed concern about the possible risks of destabilizing the sugar market, which has developed in connection with the decline in its production, that caused, including, adverse weather conditions.
They noted, that in case of non-interference in the situation, its consequences can negatively affect both the domestic market, and reflect on the decline in exports of such products.

As noted by the Deputy Minister of Economic Development, of Trade and Agriculture of Ukraine Taras Vysotsky, in March, the Ministry of Economy issued import licenses 120 th. tons of raw sugar, and added, that now the Ministry of Economy is considering the issue of issuing licenses for the import of additional in the near future 50 th. tons of raw sugar.

Based on the results of the discussion, a decision was made to prepare and register a draft Law on Amendments to the Customs Code of Ukraine, regarding a temporary reduction to 0% import duty rates on sugar for the period up to September 2021 year under the established quota 120 thousand tons.

This draft law has already been developed by the Ministry of Economy, taking into account the consultations with the representatives of the Verkhovna Rada Committee on Finance, tax and customs policy.

The participants of the meeting agreed, that the import of sugar with the use of such temporary preferential conditions will stabilize the domestic market of sugar and help reduce its retail price in retail chains.

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Virtual B2B meetings between Ukrainian and Kuwaiti companies

Sea 02 2021 published under Uncategorized, Activity, earnings, news


2 On March 2021 Ukrainian Embassy in Kuwait organized B2B video conference meetings between Ukrainian exporters and one of the leading importers of food in Kuwait "AlRitaj Global Food Company".

The first online meeting on the establishment of exports of Ukrainian sweets to Kuwait was attended by the President of the Association "Ukrkondprom" Alexander Baldynyuk and the management of the company "Lviv Chocolate Workshop" (Natalia Dubova, Julian Verst, Ulyana Humetska). The second meeting with the management of "USPA Fruit" (Dmytro Kroshka and Volodymyr Gurzhiy) was dedicated to the import of apples and berries to Kuwait.

https://kuwait.mfa.gov.ua/news/virtualni-v2v-zustrichi-mizh-ukrayinskimi-ta-kuvejtskimi-kompaniyami

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Dmitry Senik: promotion of Ukrainian sweets in the Gulf and ASEAN countries is one of the economic priorities of the Ministry of Foreign Affairs of Ukraine in 2021 year

Jan 15 2021 published under Uncategorized, Activity, earnings, news

15 January chaired by the Deputy Minister for Foreign Affairs of Ukraine (CDTO) Dmytro Senik hosted an online coordination meeting of representatives of Ukrainian embassies in the Gulf and Southeast Asia, USAID and Ukrainian sweets exporters.

The meeting was held as part of the VTrade Confectionery Foods initiative, implemented by the Ukrkondprom branch association with the financial support of USAID within the framework of the Competitive Economy of Ukraine program. The initiative aims to help Ukrainian producers expand their export geography despite restrictions, imposed by the Covid-19 pandemic.

Opening the event, Dmytro Senik emphasized: "This initiative is one of the priorities for the Ministry of Foreign Affairs of Ukraine in the economic direction 2021 year. Firstly, we are talking about the food market, on which Ukraine traditionally holds strong positions. Per-second, it – export of goods with high added value. The promotion of Ukrainian products meets the task of the President of Ukraine to economize Ukrainian foreign policy within the framework of Ukraine's export strategy. "

The full text can be found at the link –
Dmitry Senik: promotion of Ukrainian sweets in the Gulf and ASEAN countries is one of the economic priorities of the Ministry of Foreign Affairs of Ukraine in 2021 year | Ministry of Foreign Affairs of Ukraine (mfa.gov.ua)

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