Ministry of Agriculture agrees with producers and retailers on three necessary steps to mitigate the rapid rise in food prices - Zeme un valsts
11th LMSP International Conference in 18 days, 29 October. Learn more ›

Ministry of Agriculture agrees with producers and retailers on three necessary steps to mitigate the rapid rise in food prices

(...) To prevent the rapid increase in food prices, Jānis Eglīts, Head of the Office of the Minister of Agriculture, reached an agreement with food producer and retailer organisations to continue work on implementing three measures:

1. state support for food producers due to the rapid rise in the prices of energy resources, raw materials and packaging;
2. continuing work on preparing proposals for a VAT reduction on food, which would allow the public to purchase food at more reasonable prices;
3. support for improving energy efficiency for retailers, as the high costs of energy resources significantly affect retailers as well. Currently, the regulations developed by the Ministry of Economics for energy efficiency support for businesses do not include retailers.
Ministry of Agriculture agrees with producers and retailers on three necessary steps to mitigate the rapid rise in food prices

Add a comment