Export duty on sunflower seeds will never be canceled

Export duty on sunflower seeds will never be canceled

At a meeting of the Interdepartmental Commission chaired by Deputy Prime Minister Serik Zhumangarin, it was decided not to cancel the export duty on sunflower, World of NAN reports with reference to the government.

The current export duty on sunflower seeds remains in the same amount, which is 20% of the cost, but no less than 100 euros per ton.

The National Association of Oilseed Processors has been asked to reach a consensus with sunflower seed producers on purchase prices, which the Association has pledged to publicly announce in the near future.

Sunflower cultivation is considered to be the most profitable business. The overall profitability of this oilseed crop in the country is 96.4%.

At the same time, the state has replenished its budget by 4.2 billion tenge due to the export duty. The ridiculous thing is that this money will be used to subsidize farmers.

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