“The President signed a law introducing export duties on soybeans and rapeseedPresident Volodymyr Zelenskyy signed bill No. 13157, which provides for an export duty of 10% of the value of soybean and rapeseed
seeds. The document also creates the State Fund for Support of Agricultural Producers.
”, — write: unn.ua
DetailsIt is noted that this bill changes the establishment of an export duty of 10% of the value of soybean and rapeseed or colza (a type of rapeseed) seeds for traders.
The size of the duty will gradually decrease from January 1, 2030, until it reaches 5%. Duties do not need to be paid if the export is carried out directly by the producer or an agricultural cooperative, and not through a trader.
The document also includes an amendment on the creation of a State Fund for the Support of Agricultural Producers, which will be filled with proceeds from export duties on soybeans and rapeseed.
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