It takes political will to “automatize” the VAT refund. Also, it takes insignificant, but meaningful, changes in VAT administering which are to “strike the trump cards” from the hands of those who “dally” over refund referring to the interests of the state – deems Sergei Stoianov, Director General, Ukrainian Agrarian Confederation
This country has deviated too far away from the path of civilized countries. We already got used to various disgraceful practices surrounding our daily life. However notorious they might be, our “ways” and logics of our actions, our administering, our judicial proceedings, our daily life (read: “communal economy”) and many-many other aspects of our itsy-bitsy life are not understandable either to an ordinary foreigner, or to “weather-beaten” top-managers of transnational companies with their subsidiaries in many countries of the World.
Sugar prices fell the most this week in New York as importers postponed purchases amid signs that production will increase.
Soybeans rose for a third day, reaching a three-month high, on speculation that China will increase purchases of U.S. supplies to make cooking oil for a growing population and livestock feed to produce pork.
Wheat rose to a seven-week high, extending this month’s rally, on signs that speculators are unwinding bets on lower prices by buying back futures contracts.
Soybeans topped $10 a bushel for the first time since January and corn gained on speculation that China will boost imports from the U.S., the world’s largest shipper of the crops.
Wheat rose for the fourth time in five sessions on speculation that U.S. crops will be harmed by adverse weather sometime during the growing season.
Despite losses of winter crops sowing areas in 2010, the general production volumes of the harvest-2010 will stay at the sufficient level for the complete meeting of the domestic requirements of Ukraine, declared the association Ukrainian club of agrarian business.
Wheat rose the most in two months on speculation that yesterday’s plunge in prices prompted investors to unwind bets that futures would decline.
Sugar futures fell for the third time in four sessions on forecasts that output will recover in India, the world’s top consumer and second-biggest producer. Orange juice rose to a three-week high.
In 2009, agricultural enterprises of the Autonomous Republic of Crimea (Ukraine) received profit on sales of agricultural products and services at the sum of 65.8 mln UAH (8.33 mln USD), with the level of profitability of 4%, a decrease of 8.2% compared to the indices of the previous year, declared the Main department of statistics of the Autonomous Republic of Crimea.