MOSCOW (MRC) - The Interdepartmental Commission on International Trade of Ukraine has canceled the introduction of a special duty on the import of cables into the country, Uryadovy courier reports.
"Based on the results of the above-mentioned revision, the commission established that national interests do not require the use of special measures and made a decision on October 11, by which it decided to cancel the decision on the application of special measures regarding the import of wires into Ukraine," the commission noted.
The decision on cancellation comes into force from the date of publication, that is, from 13 October. Not all types of cabling and wiring products are produced in Ukraine, or they are not produced on an industrial scale. The application of the import duty could lead to an increase in the delivery time of products, limit the access of market participants to the required range of goods and affect the choice, in particular, on such criteria as price and quality.
The introduction of the duty could negatively affect the development of the communication infrastructure of Ukraine. The price of the Internet for users could rise.
Earlier it was reported that the Interdepartmental Commission on International Trade (ICMT) on April 23, 2021 introduced a special duty for three years on the import of wires to Ukraine, regardless of the country of origin: in the first year of operation - 23.5%, in the second - 22.3% and in the third - 21.2%.
The investigation was initiated on July 28, 2020 at the initiative of the Odesskabel and Yuzhkabel factories (together they produce over 50% of these products in Ukraine) in relation to the import of insulated wires, cables and other insulated electrical conductors to Ukraine, as well as fiber-optic cables.
We are talking about commodity codes according to UKTVED 8544 49 20 00, 8544 49 91 00, 8544 60 10 10 8544 60 10 98, 8544 60 90 10 8544 60 90 90, 8544 70 00 10 8544 70 00 90.
During the investigation period - from the beginning of 2017 to mid-2020 - import volumes increased by 128.8%, the share of imports in total production - by 180.4%, in consumption - by 74.8%.
According to MRC's DatasScope report, last month's SPVC imports to the Ukrainian market decreased to 2,300 tonnes from 2,700 tonnes in August, Ukrainian companies reduced their shipments of polymer from the USA. Overall SPVC imports reached 20,800 tonnes in January-September 2021, compared to 26,800 tonnes a year earlier. Limited export quotas of European and North American producers were the main reason for such a major fall in imports.