MOSCOW (MRC) - Verkhovna Rada of Ukraine has adopted the changes to the Customs Tariff. But the import duty on polyvinyl chloride (PVC) remained unchanged. The final decision concerning PVC duty will be taken by a separate law, according to MRC.
On 19 September, the Ukrainian parliament voted for a change in the Customs Tariff of Ukraine in line with the European standards. Representatives of the Cabinet said the changes are important taking into account Ukraine's commitments before the International Convention on the Harmonized Commodity Description and Coding System, as a part of Ukraine's membership in the WTO.
Ukraine's import duties on unmixed PVC remained unchanged - 0% in the final draft amendments to the Customs Tariff, despite the initial version of the law draft expected to introduce two rates: a reduced rate of 6.5% and in the long run 13%.
However, some Ukrainian parliamentarians hope to increase import duty for unmixed PVC. The chairman of the Ukrainian Union "Batkivshchyna" Arseniy Yatsenyuk stands for the introduction of PVC duties, citing the need to support domestic producers - Karpatneftekhim (Kalush, Ivano-Frankivsk region).
Another deputy from " Batkivshchyna ", Olga Sikora, on 18 September registered a separate bill on amendments to the Customs Tariff of Ukraine, concerning an increase of PVC import duty by 6.5%.
A representative of the profile committee of the Verkhovna Rada Vitaly Homutynnik pointed out that it was agreed to prepare a separate bill to regulate this problem.
As MRC wrote before, the increase of duties on imported PVC to Ukraine by 6.5% was one of the main conditions for the resumption of the "Karpatneftehim," according to the memorandum signed by the Ukrainian Government and the Russian group LUKOIL in April of this year.
Karpatneftekhim (Kalush, Ivano-Frankivsk region), a subsidiary of "LUKOIL Neftekhim " - is the largest producer of polymers in Ukraine. The company produces polyolefins (ethylene and propylene), polyethylene (PE), chlorine, polyvinyl chloride (PVC), and caustic soda.
MRC