The Verkhovna Rada, Ukraine’s parliament, has decided not to support three resolutions that sought to abandon the vote on draft law No. 13157. This law, which includes a 10% export duty on soybeans and rapeseed, faced opposition from various factions, with MP Oleksiy Honcharenko, representing the European Solidarity faction, sharing the decision on Telegram. The export duties on agricultural products have been a contentious issue in Ukraine, with various political factions arguing over their economic implications.
MP Honcharenko emphasized the importance of maintaining export duties as a means of protecting domestic producers and ensuring that the country’s agricultural sector remains competitive on the global market. The rejection of the resolutions suggests that the majority of lawmakers believe that the draft law should proceed as planned, despite the ongoing debate over its impact on farmers and export revenues.
Analysts suggest that the decision could have significant financial implications for Ukraine’s economy, particularly for the agricultural sector. The export duties are seen as a way to generate revenue while also helping to stabilize prices for domestic producers. However, critics argue that the duties may hinder Ukraine’s ability to compete internationally and could affect trade relations with key partners such as the EU and the US.