Business news from Ukraine


27 November , 2020  

The Interdepartmental Commission on International Trade (ICMT) has initiated an anti-dumping investigation into the import of heat-insulating materials to Ukraine originating from Belarus and the Russian Federation.
The decision of the commission made on November 20, 2020 to initiate the investigation comes into force from the moment of its publication, indicated in the notification published today on the website of the Uriadovy Kurier.
According to the report, the ICMT received a complaint from OBIO LLC.
According to the applicant, during the observation period (2017-2019), the share of dumped imports in consumption and production in Ukraine decreased, but prices were significantly lower than the applicant’s price level and total imports. At the same time, OBIO LLC, despite the relative improvement in its performance indicators for the reporting period, by the end of 2020 expects a significant deterioration in the main indicators.
Having considered the complaint, the ICMT concluded that heat-insulating materials from Belarus and the Russian Federation to Ukraine were imported in volumes and on conditions that could cause damage to the national producer.
The investigation concerns slag wool, mineral silicate wool and similar types of mineral wool, except for their mixtures, according to tariff heading 6806 10 originating from the Russian Federation and Belarus.
The Ministry for Development of Economy, Trade and Agriculture was instructed to conduct an anti-dumping investigation. Interested parties are registered within 30 days.