Ukraine: Government should be interested in promoting of flour exports

Ukraine: Government should be interested in promoting of flour exports

Ukraine: Government should be interested in promoting of flour exports

The FINANCIAL -- The Government should get interested in promoting of the exports of Ukrainian flour, declared Rodion Rybchinskiy, Director of the public organization "Flour millers of Ukraine", according to APK Inform.

According to him, there are several factors contributing to the further increasing of flour exports.

The first factor is a real return of the VAT funds on exports of grain mill products. The second factor is reduction of the tariffs for rail transportation of grain by-products to the ports. The State Administration of Railways Transport of Ukraine (Ukrzaliznytsia) is a state enterprise, and it would be quite natural if the Government supports the reporting sector of economy in such way, because the flour milling industry forms the added value inside the country, the expert noted.

According to R.Rybchinskiy, promotion of Ukrainian food products, including flour, on foreign markets through trade missions in the countries - potential buyers, will also assist to increase the exports of Ukrainian flour.

Of course, the advanced access to credit resources for modernization of the production capacities will support the industry, he concluded.