Scrap export duty increase is a temporarily and forced action taken with the country interests in mind, says deputy minister of economical development and trade, the trade representative of Ukraine Natalia Mikolskaya.
According to her, for EU scrap exports from Ukraine are not economically important, as it consumes very little of Ukrainian scrap.
“That’s more of a matter of principle: if the agreement with EU imposes certain rules, they want us to obey these rules. Yet I think we should shorten the term of the duty increase. This should work and show our European partners that we see this measure as temporarily and only vital for our critical national interests”, she said.
On April 21, the Verkhovnaya Rada has adopted the decree on increasing scrap export duty from 10 euro per ton to 30 euro for 3 years. (Ukrainian metal)
