US ready to cancel anti-dumping duties on Ukrainian goods
The USA is ready to suspend the anti-dumping duties for Ukrainian pipe producers, steel companies, and the chemical industry.
Economic Development and Trade Minister of Ukraine Aivaras Abromavicius reached the agreement during a visit to the USA, Censor.NET reports citing Ukrinform.
"The American party proposed several solutions, including a possibility to sign Suspension Agreements (Agreements to suspend the anti-dumping duties). This is quite an important achievement, given the political sensitivity of these issues," the minister said.
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This is a compromise, since the final cancellation of the duties is quite a difficult process. However, Abromavicius added, "we will continue to work on it."
The anti-dumping duties were imposed on Ukraine in 2007, when the country did not have the status of a market economy. "Now we are members of the WTO, and do not buy gas at a discounted price, which was one of the reasons for the introduction of such duties, since we did not use market mechanisms," the minister said.
