Cabinet of Ukraine plans to halve the export duty on scrap metal till 2010, the deputy minister of economics, Andrey Beresny, reported.
He declared that the government assumes to form a special schedule of export duty reduction from the moment of Ukraine’s joining World Trade Organization, UNIAN informed.
"The level of export duty is planned to be 2 – 2.5 times less than we have now – 30 euros for a ton. Beginning from January 1, 2006 we plan to fix 25 euro for a ton, and during five years we plan to reduce it to 15 euros," said Beresny.
We remind, Ukraine introduced export duty on scrap metal at the level of 30 euros for a ton to defend native steel producers. WTO and EU criticized this action.
Ukraine plans to join WTO to the end of this year.
He declared that the government assumes to form a special schedule of export duty reduction from the moment of Ukraine’s joining World Trade Organization, UNIAN informed.
"The level of export duty is planned to be 2 – 2.5 times less than we have now – 30 euros for a ton. Beginning from January 1, 2006 we plan to fix 25 euro for a ton, and during five years we plan to reduce it to 15 euros," said Beresny.
We remind, Ukraine introduced export duty on scrap metal at the level of 30 euros for a ton to defend native steel producers. WTO and EU criticized this action.
Ukraine plans to join WTO to the end of this year.
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