Business news from Ukraine

Business news from Ukraine

PARLIAMENT ADOPTS BILL ON REGIME OF JOINT TRANSIT

The Verkhovna Rada has adopted as a basis and as a whole bill No. 1082 on the joint transit regime and the introduction of a national electronic transit system, which provides for a mechanism for the exchange of customs information with 35 countries.
According to a correspondent of the Interfax-Ukraine agency, 333 MPs supported draft law No. 1082 at a plenary meeting on September 12 with the quorum being 226 votes.
“This system provides that our customs will see the entire history of movement of goods that is in those countries and transfer its data to them. The bill provides for the functioning of this system in a test mode for about a year. Then it will be tested by our European partners, and after that we will join an agreement on joint transit,” Danylo Hetmantsev, the head of the parliamentary committee on finance, taxation and customs policy, has said.
Head of the State Customs Service Maksym Nefyodov, in turn, said that “this is a simple beautiful story of customs visa-free travel that will allow Ukrainian players to leave Ukraine and travel to Portugal with one truck with one document, with one guarantee.”
In his opinion, it will make Ukrainian goods cheaper for Ukrainian consumers.

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