Business news from Ukraine

CANADA AFTER MORE THAN 20 YEARS CANCELED 77% DUTY ON UKRAINIAN ROLLED PRODUCTS

15 May , 2022  

During the next revision of the duties introduced back in 2001 on hot-rolled carbon and alloy steel sheet and strip from Brazil, China, India and Ukraine, Canada refused to extend the 77% duty on goods from Ukraine.
“The Tribunal reversed its ruling regarding the dumping of such goods exported or originating in Ukraine. The Tribunal found that continuing or resuming the dumping of these goods is unlikely to result in harm,” the Canadian International Trade Terminal said on the website of the Government of Canada.
With regard to products from Brazil, China and India, restrictive measures have been maintained.
“Since August 2001, duties of 77% have been imposed on hot-rolled carbon steel products originating from Ukraine in Canada, which effectively deprived our producers of an economic incentive to export their products to Canada. After 20 years, finally, Ukrainian steel products can again be exported to Canada “, – commented on this decision, Ambassador of Ukraine Yulia Kovaliv on Facebook.

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