Business news from Ukraine

UKRAINE STOPS PROBE INTO IMPORTS OF UZBEK CARS

4 December , 2018  

The interagency commission for international trade at a meeting on Monday decided to stop the countervailing investigation into imports of new passenger cars originated from Uzbekistan to Ukraine, the Economic Development and Trade Ministry of Ukraine has said in a press release. “During the investigation, the Embassy of Uzbekistan in Ukraine presented official explanations: according to the presidential decree No. pp-800 dated August 21, 2008 on the creation of an enterprise with foreign investment (CJSC general Motors Uzbekistan) benefits were provided to Uzbek manufacturers, which starting from 2018, are no longer valid,” the Economic Development and Trade Ministry said.
The Ministry of Foreign Trade of Uzbekistan also informed the commission that the main share of exports of Uzbek cars in Ukraine is accounted for small class A cars, which are not produced in Ukraine, the ministry said.
“Thus, the interagency commission for international trade found that the use of compensatory measures is not necessary, and also decided to stop the countervailing investigation regarding the import to Ukraine of passenger cars originating from Uzbekistan without the application of measures,” the Economic Development and Trade Ministry reported.

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