Business news from Ukraine

ODESA CUSTOMS OFFICE TO RELAX IMPORTS OF RAW MATERIALS FOR LARGE UKRAINIAN PRODUCERS

3 December , 2015  

ODESA. Dec 3 (Interfax-Ukraine) – Odesa customs office plans to guarantee customs clearance of imported raw materials for large Ukrainian producers at the prices given in invoices, Head of Odesa Regional State Administration Mikheil Saakashvili said at a meeting with head of Odesa customs office Yulia Marushevska.

“I met large producers who import raw materials for own production several times. Raw materials are not always imported from those 30 countries for the customs clearance of products from which invoice prices are used thanks to changes at the Odesa customs office. We refused using this principle for imports from other countries, as many companies artificially cut the prices and it is hard to monitor. If this is a large national producer, it is possible to efficiently control this. These companies should be supported in the current difficult economic situation. We’re obliged to relax imports of raw materials for them,” he said.

Saakashvili said that the preferential treatment is credit of trust. If any company sets the price of raw materials too low to pay smaller taxes and duties, the company would not be treated in this way anymore.