Ukraine to apply special duties on coal imports from Russia

Source : 112 Ukraine

According to the governmental decree, they will be introduced on April 15
15:51, 9 April 2020

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Special duties of 65% on coal imports from the Russian Federation, with a few exceptions, will be introduced in Ukraine on April 15. The relevant decree of the Cabinet of Ministers of March 18 has been published, Interfax reports.

The exceptions, in particular, are: grade A (anthracite) coal, bituminous coal and coking coal for the metallurgical industry, and grade "P" (lean) coal for electricity and heat producers.

Related: Fuel consumption in Ukraine to fall by 20-30%, - expert

According to the text of the decree, the document does not provide the introduction of a special duty on electricity imports that was previously announced at the meeting of Cabinet of Ministers.

As we reported earlier, experts of the consulting group "A-95" believe that the fuel consumption in Ukraine will fall by 20-30% due to the introduction of quarantine measures.

Thus, the diesel fuel balance in the first quarter of 2020 amounted to 1.387 million tons, which is 1.5% less than in the same period of 2019 (1.408 million tons). It is emphasized that this is the first time that the quarterly market balance has decreased since 2015.

Related: WTO predicts decline in world trade by 13-32% amid Covid-19 pandemic

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