Bunge raids highlight problems with aggressive customs, tax authorities
While Ukraine remains a promising destination for agribusiness investments, massive red tape, bureaucracy and shakedowns by the authorities are a constant hassle that can cut into profit margins and patience of a business.
Recent tax raids of the Odesa branch of Suntrade, a subsidiary of global grain trading giant Bunge, spooked investors and highlighted the constant problems that foreigners face when doing business in Ukraine.
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