Government Initiates Draft Law to Deregulate Grain Market

Government representative in the Verkhovna Rada Taras Melnychuk announced in Telegram that the Cabinet of Ministers of Ukraine at a meeting on May 24 approved a draft law «On Amendments to Certain Laws of Ukraine on the Insurance of Goods Accepted for Storage».

«The draft law, aimed at deregulating the grain market, proposes amendments to the Laws of Ukraine «On Grain and Grain Market in Ukraine» and «On Certified Commodity Warehouses and Simple and Double Warehouse Certificates» regarding the introduction of voluntary insurance of goods accepted for storage under a simple or double warehouse certificate from the risks of accidental death, damage, or loss,» he said.