Wednesday, May 4, 2016

“Rosatom” has offered to remove duties on part of Ukrainian goods – RBC

Photo: Grigory Sysoev / RIA Novosti

“Rosatom” has prepared a draft decree on the partial resumption of free trade agreement with Ukraine. The state corporation has proposed to exempt from duty products used for the production of equipment for nuclear power plants

«Rosatom» on its own initiative has developed a Russian draft presidential decree on the partial renewal of the agreement on free trade zone with Ukraine. The state corporation expects that Moscow would agree to exempt from customs duties products which are used for the manufacture of equipment for nuclear power plants. The draft decree is posted for discussion on the federal portal of the draft regulations.

In the explanatory memorandum corporation warns that if the treaty is in part not to renew, “rising costs of equipment for nuclear power production is already at this stage will average more than 130 million rubles. each ».

« Rosatom »proposes to add a list of goods that are subject to preferential tariffs, a separate product, which, according to the Single Commodity Nomenclature of Foreign Trade of the Eurasian Economic Union, is part of a group of” ferrous metals ” . They are necessary for the production of equipment such as steam generators, reactors and others.

«The absence of customs duty will keep the current level of production of nuclear power equipment costs, therefore the cost of NPP construction both in Russia and abroad, ensuring the competitiveness of the state corporation “Rosatom” as one of the leading players on the world nuclear market “, – stated in the explanatory note

otherwise, the state corporation costs will rise, which could lead to” failure of equipment delivery in the case of search for a replacement. suppliers “, says the document. This in turn will be reflected in the full cycle of nuclear power plant construction and commissioning. In “Rosatom” stressed that the adoption of the decree does not require additional funds from the federal budget.

Russia’s President Vladimir Putin signed a decree suspending the agreement on free trade zone with regard to Ukraine since the beginning of 2016 to mid-December. This measure was due to “exceptional circumstances affecting the interests and economic security of Russia».

Prior to that, Moscow had warned that, if Ukraine and the EU will sign the economic part of the Association Agreement, D press free trade with Kiev within the framework of the CIS will be downgraded to MFN . This deprives Ukrainian goods zero customs duties on importation into Russia. As explained by the Russian government, Kiev may not participate in the free trade zone with the EU and Russia, as in this case, there is a risk of re-export of goods under the guise of the European Ukrainian.

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