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Horresco Referens

Friday, February 25, 2011

Abusing Export Quota

why export quota are not a good idea:


"KP: In recent grain export quota allocations, one company, Khlib Investbud, received a disproportionally large proportion, while international grain traders like Cargill and Louis Dreyfus were not given any. How could you explain this?

VK: The lawmaker Volodymyr Matveyev [from the Communist Party] made a request to the general prosecutor during a parliamentary session to investigate the transparency of quota distribution. But he received no reply.


KP: Who are the owners of Khlib Investbud?

VK: At a press conference, Agricul­ture Minister Mykola Prysyazhnyuk said the state owns 61 percent while 39 percent belongs to private owners.

When asked who those private owners are, Prysyazhnyuk said he couldn’t remember. So, the minister can’t remember, and I don’t know them"
Posted by Tom at 9:45 AM

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About Me

Tom
Ukraine
I'm an associate professor of economics at the Kyiv School of Economics (www.kse.org.ua) and a senior researcher at the Kyiv Economics Institute (www.kei.org.ua).
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