The State Tax Administration of Ukraine is calling on the major trade networks to abide by their early April agreement with the Cabinet of Ministers on stabilization of food prices.

Ukrainian News learned this from the tax administration press service, which quoted administration head Serhii Buriak as saying during a meeting with representatives of the major trade nets.

"The outcome of pricing policy monitoring in almost all regions of Ukraine uncovered the facts of excess of the agreed 10-percent markup on major foodstuffs. Buriak called on the audience for a joint effort to guarantee proper level of cooperation so that the memorandum would not be formal," the press release says.

Taking part in the meeting, beside the tax administration head, were also his first deputy Vadym Kaizerman, his deputy Natalia Ruban, head of the State Price Control Inspectorate Natalia Nemodruk, as well as representatives of retail trade networks (Fozzy Group, Furshet, Velyka Kyshenia, Metro Cash&Carry-Ukraine, EKO-Market, Okay, Billa).

Trade net representatives proposed drawing local trade networks and producers to participation in the memo.

The parties also discussed the problems of cooperation, settlement of a number of tax law provisions.

As Ukrainian News earlier reported, On April 3, the Cabinet of Ministers, producers of foods and owners of trade networks arrived at the agreement to stabilize prices on the consumer market.

On behalf of the government, the memo was signed by Economy Minister Bohdan Danylyshyn, Agricultural Policy Minister Yurii Melnyk, Chairman of the State Committee for Material Reserve Mykhailo Pozhyvanov, and Agrarian Fund Director General Volodymyr Ivanyshyn.

The document was also signed by representatives of associations UkrOilProm, UkrTsukor, UkrMiaso, UkrMolProm, the Union of Poultry Farmers of Ukraine, the Union of Dairy Enterprises of Ukraine, corporation TvarynProm, companies Bunge, Kernel Group, the Polohy oil extraction factory, companies Astarta, Dakor, UkrRos, Complex AgroMars, Myronivskyi Khliboprodukt, Bakhmut Agrarian Union, Granum, and Agro-Industrial Company.

The document was also signed by the subjects of retail trade network: Fozzy Group, Furshet, Velyka Kyshenia, Metro Cash&Carry-Ukraine, EKO-Market, Okay, Billa.