Business news from Ukraine

Business news from Ukraine

Ukraine simplifies the import of generators and other power equipment

18 November , 2022  

The Cabinet of Ministers, at a meeting on November 16, 2022, adopted a resolution simplifying the import of generators and other power equipment to Ukraine.

“The new regulation on importation into the customs territory of Ukraine temporarily (until the termination or cancellation of martial law and for the next 90 calendar days) provides for not applying to such goods the requirement for a declaration of conformity and marking with a mark of compliance with technical regulations,” the Ministry’s website says. economy on Thursday.

The document complements six previous Cabinet of Ministers resolutions on the approval of certain technical regulations, the effect of which may apply to the relevant goods.

“The adoption of the resolution will help to meet the needs of the domestic market with equipment for the restoration and stabilization of electricity and gas supply to consumers, which is caused by challenges in the energy sector in the context of martial law in Ukraine,” explained First Vice Prime Minister – Minister of Economy Yulia Sviridenko, whose words given on the site.

Earlier, the Cabinet of Ministers exempted generators, batteries and other equipment from import duties and VAT, helping to improve energy supply.

“However, at customs, importers faced problems with clearance of such goods. The current resolution should eliminate these inconsistencies,” the Ministry of Economy stressed.