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11:11
MPS PROPOSE EXTENDING 13% EXTRA IMPORT DUTY FOR SIX MONTHS

Kyiv, August 5 (Interfax-Ukraine) – The deputies of three largest factions in parliament have proposed extending the effect of the 13% extra import duty on meat, alcoholic drinks and a whole number of industrial goods.

A respective bill submitted by Regions Party MP Mykola Prysiazhniuk, Bloc of Yulia Tymoshenko MP Yevhen Sihal, and Our Ukraine – People's Self-Defense Bloc MP Andriy Davydenko has been registered in the Verkhovna Rada, Ukraine's parliament.

The document proposes amending the law passed by parliament on February 4, 2009 and extending the effect of the temporary extra duty to 12 months, from the current six months.

As reported, the Ukrainian Cabinet of Ministers has decided to cancel a 13% extra duty on the import of a number of goods, apart from on cars and refrigerators.

The Constitutional Court later declared unconstitutional the delegation of such powers to the Cabinet of Ministers, however, the government and the State Customs Service said that the 13% temporary extra duty was only applied to the import of cars and refrigerators.

International financial organizations criticized the decision to limit imports, and the World Trade Organization (WTO) demanded that it be cancelled. The effect of the 13% extra import duty expires on September 7, and the government expressed hope that this would help Ukraine avoid sanctions by the WTO and its member states.

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