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Business sets TOP-10 priorities for the new Minister of Economy of Ukraine

20/ 05/ 2021
  On May 20, the Verkhovna Rada approved Oleksiy Lyubchenko as First Deputy Prime Minister - Minister of Economy. The business congratulates Mr. Lyubchenko on his appointment and hopes that under his leadership he will still be able to build a market economy with the fair and transparent competition. Thus, the Mineconomy is one of the key authorities for the quality and progressive work of the whole business. Therefore, the community proposes its new head to consider the TOP-10 priorities that will help develop a favorable business climate in the country. First is developing and presenting a Strategy for overcoming the negative effects on the economy of quarantine restrictions caused by the coronavirus pandemic COVID-19. Secondly, in the context of the customs sphere, it is necessary to simplify trade procedures when crossing the border in trade transactions with EU companies and abolish import duties on personal belongings of individuals who change their place of residence from a third country to one from the Community ( which implies the implementation of Council Regulation (EU) №1186 / 2009), etc. Third, in the tax area - updating the Procedure for calculating the average wage and the adoption of the relevant resolution of the Cabinet of Ministers, analyzing economic consequences of reducing the payroll burden to demonstrate the results to the Ministry of Finance and explain the importance of this decision. In addition, it is important to conduct research and publish the results on the redistribution of the tax burden on the main objects of taxation and sectors of the economy to determine which areas of business have the greatest fiscal pressure and find ways to reduce them, and so on. Fourth is simplifying the process of obtaining licenses and permits, namely, the procedure for obtaining licenses for import/export of goods containing greenhouse gases by exclusion foreign economic contracts and all annexes from the list of documents required to obtain a license, etc. Fifth is creating civilized rules of online trade, in particular, by the introduction of the liability for violations of the law in terms of failure to provide mandatory information necessary to identify the online store as a business entity, and so on. Sixth is adapting Ukrainian legislation and requirements to EU norms - to facilitate the signing of the Agreement on Conformity Assessment and Acceptability of Industrial Products with the EU (ACAA - industrial visa-free travel), to promote the recognition of equivalent feed additive registration system, etc. Seventh is developing ways to support Ukrainian exporters in international markets. For example, by introducing a national report on the level of greenhouse gas emissions during the production and circulation of crops (in particular, corn and rapeseed) for further processing into biofuels in EU countries; expanding cooperation with China - opening of the market for agricultural products exported from Ukraine to China, etc. Eighth is digitalizing public services by enabling the issuance of an electronic warranty card, accession to the electronic circulation of phytosanitary certificates, the circulation of grain warehousing documents in electronic form, the launch of a full procedure for registration of feed additives in Ukraine, the online archiving of personnel documents, etc. Ninth is creating conditions for fair competition by repealing decisions on state regulation of fuel pricing, trade margins, and the declaration of price changes. Tenth is ensuring transparent regulation of sectoral issues, such as, together with the Ministry of Health, finalizing Order №2646 on residues of veterinary drugs, which will complete the re-registration of coccidiostats, allow private phytosanitary laboratories to perform certain state control functions (in the form of phytosanitary examination), etc. At the same time, the business community thanks to the former head of the Ministry, Ihor Petrashko, for cooperation, assistance in resolving sectoral issues, for example, improvement of phytosanitary procedures, work in CSR development and sustainable development, etc.   Be the first to learn about the latest EBA news with our Telegram-channel – EBAUkraine.

On May 20, the Verkhovna Rada approved Oleksiy Lyubchenko as First Deputy Prime Minister – Minister of Economy. The business congratulates Mr. Lyubchenko on his appointment and hopes that under his leadership he will still be able to build a market economy with the fair and transparent competition.

Thus, the Mineconomy is one of the key authorities for the quality and progressive work of the whole business. Therefore, the community proposes its new head to consider the TOP-10 priorities that will help develop a favorable business climate in the country.

First is developing and presenting a Strategy for overcoming the negative effects on the economy of quarantine restrictions caused by the coronavirus pandemic COVID-19.

Secondly, in the context of the customs sphere, it is necessary to simplify trade procedures when crossing the border in trade transactions with EU companies and abolish import duties on personal belongings of individuals who change their place of residence from a third country to one from the Community ( which implies the implementation of Council Regulation (EU) №1186 / 2009), etc.

Third, in the tax area – updating the Procedure for calculating the average wage and the adoption of the relevant resolution of the Cabinet of Ministers, analyzing economic consequences of reducing the payroll burden to demonstrate the results to the Ministry of Finance and explain the importance of this decision. In addition, it is important to conduct research and publish the results on the redistribution of the tax burden on the main objects of taxation and sectors of the economy to determine which areas of business have the greatest fiscal pressure and find ways to reduce them, and so on.

Fourth is simplifying the process of obtaining licenses and permits, namely, the procedure for obtaining licenses for import/export of goods containing greenhouse gases by exclusion foreign economic contracts and all annexes from the list of documents required to obtain a license, etc.

Fifth is creating civilized rules of online trade, in particular, by the introduction of the liability for violations of the law in terms of failure to provide mandatory information necessary to identify the online store as a business entity, and so on.

Sixth is adapting Ukrainian legislation and requirements to EU norms – to facilitate the signing of the Agreement on Conformity Assessment and Acceptability of Industrial Products with the EU (ACAA – industrial visa-free travel), to promote the recognition of equivalent feed additive registration system, etc.

Seventh is developing ways to support Ukrainian exporters in international markets. For example, by introducing a national report on the level of greenhouse gas emissions during the production and circulation of crops (in particular, corn and rapeseed) for further processing into biofuels in EU countries; expanding cooperation with China – opening of the market for agricultural products exported from Ukraine to China, etc.

Eighth is digitalizing public services by enabling the issuance of an electronic warranty card, accession to the electronic circulation of phytosanitary certificates, the circulation of grain warehousing documents in electronic form, the launch of a full procedure for registration of feed additives in Ukraine, the online archiving of personnel documents, etc.

Ninth is creating conditions for fair competition by repealing decisions on state regulation of fuel pricing, trade margins, and the declaration of price changes.

Tenth is ensuring transparent regulation of sectoral issues, such as, together with the Ministry of Health, finalizing Order №2646 on residues of veterinary drugs, which will complete the re-registration of coccidiostats, allow private phytosanitary laboratories to perform certain state control functions (in the form of phytosanitary examination), etc.

At the same time, the business community thanks to the former head of the Ministry, Ihor Petrashko, for cooperation, assistance in resolving sectoral issues, for example, improvement of phytosanitary procedures, work in CSR development and sustainable development, etc.

 

Be the first to learn about the latest EBA news with our Telegram-channel EBAUkraine.

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