KIEV, UKRAINE The Cabinet of Ministers of Ukraine issued a decree on Dec. 28 that prolonged the quota regime of grain exports until March 31, 2011.
The cabinet also increased the quota volumes for wheat exports from 500,000 tonnes to the level of 1 million tonnes and increased maize quota volumes from 2 million tonnes to 3 million tonnes. At the same time, the government excluded seed maize from the quota regime.
The new decree makes alternations to the original decree issued on Oct. 6 that set quota volumes for certain varieties of agricultural products until Dec. 31, 2010, and adoption of the order of issuance of the licenses for exports of the certain range of agricultural products and quotas distribution.
According to the renewed order of issuance of licenses for grain exports, the distribution of grain export quotas is realized on the basis of the application, provided to the Ministry of Economic Development and Trade by the agent of economic activity during the period of seven calendar days, instead of 15 calendar days.
