Business news from Ukraine

Business news from Ukraine

Anti-dumping duties are more effective for protecting domestic producers, says head of Ukrcement

20 May , 2025  

As part of anti-dumping investigations, duties are more effective for economic development, according to Pavlo Kachur, head of Ukrcement.

“There are two mechanisms for protecting the market: anti-dumping duties and price proposals. The difference between them is that the additional delta that equalizes prices in one case goes to the domestic budget, and in the other case goes to the foreign producer. In today’s situation, when every hryvnia of revenue to the state budget is very important, when this hryvnia is used for defense, when domestic consumption in Ukraine has fallen significantly, the mechanism of anti-dumping duties is much more patriotic, because it additionally fills the state budget,” he told Interfax-Ukraine on the sidelines of the conference ‘Trade Wars: The Art of Defense’ in Kyiv on Tuesday.

Kachur stressed that protecting the interests of Ukrainian producers in wartime is not only the right but also the duty of the state.

As reported, the Interdepartmental Commission on International Trade (ICIT) is reviewing anti-dumping measures on imports of cement from Russia, Belarus, and Moldova to Ukraine in connection with the expiration of their validity. Earlier, in 2019, the ICIT imposed anti-dumping duties on imports of cement clinker and Portland cement under codes 2523 10 and 2523 29 to Ukraine at the following rates: 57.03% on cement from Belarus; 94.46% on cement from Moldova; 114.95% on cement from Russia. The duties were imposed for a period of five years and extended for one year in 2024.

https://interfax.com.ua/news/economic/1073234.html?utm_source=telegram

 

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