Ukraine, EU hold talks on additional import duty

Ukraine and the EU have held consultations on the planned introduction of an additional import duty, the Economy Ministry’s press service has reported.
“On January 5, Ukraine and the EU conducted a technical consultation on the introduction of an additional import duty by Ukraine. The meeting was held in the form of a video conference. From the Ukrainian side the event was attended by representatives of the Finance Ministry, the Economic Development and Trade Ministry and the Foreign Ministry, and the European side was represented by the head of the group of support for Ukraine, Peter Balazs, and representatives of the trade bloc of the European Commission,” the press service reported.
As reported, the introduction by Ukraine of an extra import duty in the amount of 5-10% depending on the group of goods (except vital imports) is envisaged by the law of Ukraine on measures to stabilize Ukraine’s balance of payments, which was adopted by the Verkhovna Rada of Ukraine in late December.
ir/ap

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