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Ukraine to notify WTO about boosting export duty on scrap metal

International consultations needed to prevent possible backlash.

Ukraine to notify WTO about boosting export duty on scrap metal
Viktor Halasyuk

Chairman of the Verkhovna Rada Committee on Industrial Policy and Entrepreneurship Viktor Halasyuk in a letter urged Prime Minister Volodymyr Groysman to officially inform WTO members about a temporary increase by Ukraine of export duties on scrap metal from 10 to 30 euros per ton.

Halasyuk asked the government to conduct consultations and provide explanations with the WTO member countries concerning the position of Ukraine in order to prevent possible reprisals by the WTO members.

"The recently adopted bill on the reduction of ferrous scrap exports to prevent shortage in the domestic market in order to ensure the priority needs of the defense industry and the restoration of infrastructure is entirely consistent with Ukraine's international obligations under the WTO rules, Halasyuk insisted.