Expert Opinion
Gеorgiі Kukhaіleshvili
analyst
Association of Milk Producers

Global Dairy Market: Producing Milk Becomes More Expensive in 2025

According to AHDB, global milk production in 2024 was significantly impacted by rising production costs in regions such as Argentina, Australia, China, Ireland, New Zealand,…

Gеorgiі Kukhaіleshvili
analyst
Association of Milk Producers

The Global Dairy Market Has Entered a Period of Calm

According to Rabobank, in the second half of 2024, the supply of raw milk improved in regions exporting dairy products amid declining demand from dairy…

The government has allowed farmers to import purebred breeding animals on preferential terms

On August 12, the Government approved a bill "On Amendments to Paragraph 197.18 of Article 197 of the Tax Code of Ukraine to Clarify the UKT FEA Codes of Pedigree Purebred Animals."

The draft Law is designed to bring the purebred animal breeding codes of UKT FEA specified in paragraph 197.18 of Article 197 of the Tax Code of Ukraine into line with those specified in the Customs Tariff of Ukraine.

Thus, by the decision of the Government in paragraph 197.18 of Article 197 of the Tax Code of Ukraine, the figures "0101 10 10 00, 0102 10 10 00, 0102 10 30 00" were replaced by the figures "0101 21 00 00, 0102 21 10 00, 0102 21 30 00".

The implementation of the bill will allow agricultural producers to import purebred breeding animals into Ukraine without paying value added tax.

Source: Government portal