According to the Ukrainian Trade Ministry spokesman, starting from November 1 the customs union abolished the import tax on seamless steel pipe to Ukraine, allowing the Ukrainian manufacturers quota-free export to Russia, Belarus and Kazakhstan. While the Customs Union used to impose special duties of Ukraine steel pipe, taxes of 9.9%, and in 2012 began to implement quotas on such goods.
Background: Russia began to implement tariff restrictions on Ukrainian steel pipe since 2010, and after October 1, 2011, this policy was extended to all Member States of the customs union, and changed to the Quota Management System since September 23, 2012. And in 2013, Ukrainian steel production fell 20 percent, from January to October 2014 compared with the same period last year, fell 15 percent, up to 23.415 million tons.
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