London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950

Our Clients

Order Informer

Home > News >

Ukrainian parliament plans to increase import duties on polymers and polymer products

April 06/2012

MOSCOW (MRC) --  Ukrainian parliament submitted an amendment to the Law "On Customs Tariff of Ukraine" (№9241-d), according to which the import duties would be increased for 500 commodity items. The draft law suggests the growth of import duties on polymers and polymer products, according to MRC analysts.

On 30 March, a group of Ukrainian deputies registered in the Verkhovna Rada the draft amendments to the Law "On Customs Tariff of Ukraine" (№ 9241-d). On 3rd April, a draft law was submitted to the deputies consideration. According to the amendments, the rates of import are expected to be increased on 500 commodity items, which can replenish state budget by UAH 2 bln annually.

The import rates are to be raised to the level permitted under the commitments which Ukraine took joining the WTO.
The list of commodity items, which are expected to be increased in import duty, includes colourants, pigments, paints and varnishes, lutes, varnishes (group 32), plastics, polymers and finished products from these chemical products (groups 38 and 39).

According to the draft law, there will be increased import duties on copolymers of ethylene, propylene and styrene (FEACN codes 3901 30 00 00, 3901 90 90 90, 3902 30 00 90, 3903 30 00 00, 3903 90 90 00) up to 6.5%. The unmixed PVC and vinyl chloride copolymers (FEACN codes 3904 10 00 00 and 3904 40 00 00) are supposed to grow from 0% to 5%. Import duties on PET (FEACN codes 3907 60 80 00) will grow from 1% to 6.5%. Under the amendment the import duties on finished products made from polymers are expected to be increased to the maximum possible in the WTO - from 6.5% to 10%.

Ukraine is net importer of many polymers groups, in particular, copolymers of ethylene, propylene and styrene, vinyl chloride polymers, compound ether, etc. The most serious dependence is observed in the polymer group of unmixed PVC and PET. Last year, according to the MRC data, the import of these polymers to Ukraine made about 150,000 tonnes.

The increase in import duties on 500 commodity items is expected to be effective from 1st July 2012.
Author:Anna Larionova
Category:General News
| More

Leave a comment

MRC help


 All News   News subscribe