Retailers and suppliers will negotiate prices themselves in long-term contracts.

Retailers and suppliers will negotiate prices themselves in long-term contracts.
Photo is illustrative in nature. From open sources.

Earlier, in July, in a previous version of the document, the Ministry of Agriculture proposed that the government establish the pricing formula for long-term contracts , Shopper's reported. All other provisions of the amendments remained unchanged. Retailers will be able to enter into long-term contracts with suppliers and agricultural aggregators for a minimum period of one year. The amendments also establish a minimum share of sales of goods purchased under long-term contracts: in 2026, this will be no less than 80% of quarterly sales, in 2027, no less than 85%, and in 2028, no less than 90%.

The Ministry of Agriculture is considering all possible solutions to ensure price stability for socially important goods, according to a spokesperson. He did not disclose the specific list of products that could be affected by this measure. The draft stipulates that the government will establish this list.

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