News on June 1: the Russian Federation blocked the work of the grain initiative again, the duty-free regime for Ukrainian steel was extended
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About the grain initiative. Joint Coordination Center (JCC) in Istanbul announced about the impossibility of drawing up an inspection plan for June 1 due to another groundless refusal of the Russian delegation to register the incoming fleet to participate in the initiative.
About steel. The USA has exempted Ukrainian steel from the 25% tariff for one more year – the corresponding proclamation was issued by US President Joseph Biden at the request of US Commerce Secretary Gina Raimondo.
About the support program for Ukraine. European Union prepares a four-year program of financial support for Ukraine, which will amount to tens of billions of euros.
About sugar. Cabinet from June 5 to September 15 introduces restrictions on the export of sugar.
About taxes on funds collected by drones. Minister of Finance Serhiy Marchenko statedthat the Cabinet of Ministers will consider changes to the government’s resolution to solve the problem with the claims of the Tax Office to volunteers who collect funds for drones.
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