11:58 17.03.2016

Economy ministry distributes some scarp exports quotas, Rada committee backs bill to increase scrap exports duty to EUR 35 per tonne

1 min read
Economy ministry distributes some scarp exports quotas, Rada committee backs bill to increase scrap exports duty to EUR 35 per tonne

The Economic Development and Trade Ministry of Ukraine urgently held a meeting of the commission to discuss scrap ferrous exports applications, despite a suspension of the order by Kyiv's district administrative court. The order has approved the balance of scrap metal for 2016 in violation of national legislation.

The meeting took place on Wednesday.

A representative of one of scrap metal producers told Interfax-Ukraine that formally the ministry could hold a meeting of the commission and distribute the quotas, as the court suspended only the order, but not the scrap exports quota distribution.

The company representative said that the commission defines volumes of scrap exports and distributes them among companies, while the minister finally approves them.

A meeting of the parliamentary committee for industrial policy and entrepreneurship was held on March 16. The deputies discussed bill No. 3868 on the increase of the exports duty for scrap metal from EUR 10 per tonne to EUR 35 per tonne for the period of three years.

The committee decided to back the bill.

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