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Ukraine Imposes 65% Duty on Russian Coal

Coal News - Published on Fri, 20 Mar 2020

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The Cabinet of Ministers of Ukraine has decided to impose a special duty amounting to 65% upon coal, except for anthracite and coking coal. Ukraine’s Minister of Economic Development, Trade and Agriculture Ihor Petrashko said "It is proposed to introduce a special duty on certain goods from the Russian Federation that are imported into the customs territory of Ukraine, namely on electricity according to codes and all types of coal, except for anthracite and coking coal, in the amount of 65% from April 1, 2020.”

Ukraine in April 2019 updated the list of Russian goods prohibited for import into the country. Russia retaliated by prohibiting the supply to Ukraine of certain goods machinery, light industry, metal processing, pipe products, paper, cardboard, clothing and shoes.

Since June 2019 Russia has banned the supply to Ukraine coal, gasoline, diesel fuel, and liquefied gases. Delivery is possible only by individual permission of the government of Russia and exports of oil, ethane, butane, bitumen, ethylene and propylene is totally prohibited.

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Posted By : Rabi Wangkhem on Fri, 20 Mar 2020
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