Mutual cancellation of vehicle recycling tax on cars import by Ukraine and Russia would be the best option for both states, the first vice PM Khoroshkovsky considers.

"The best option for our countries is to cancel vehicle recycling tax, and we will try to prove the effectiveness of this option to our partners," he told reporters on the sidelines of the Yalta European Strategy 9th annual meeting.

"We are in the negotiation process," Khoroshkovsky added when asked about the reaction of the Russian party to the initiative of Kyiv.

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