The presidential decision to accelerate copper processing allows for 25% lump sum payments for raw materials bought through stock exchanges.
The remaining 75% can be paid within 90 days. Interest is waived for payments within 30 days, half the Central Bank’s main rate applies for payments within 31 to 60 days and the full rate applies for payments within 61 to 90 days.
The decision takes effect on April 1 and doesn’t affect contracts made before that date. (Uzreport/Ukrainian metal)
