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Ukraine postpones introduction of anti-dumping duties on Russian fertilizers
18/02/2017 12:00
The Interdepartmental Commission on International Trade on February 13 decided to suspend anti-dumping measures on imports to Ukraine of certain nitrogen fertilizers (carbamide and carbamide-ammonium mixture) produced in the Russian Federation, the Ministry of Economic Development and Trade has said in a statement.
"The commission members agreed that to ensure food security there is an urgent need for measures to diversify the supply of fertilizers to Ukraine (from China, the Middle East, the United States and other states)," a press release reads.
The ministry noted on December 27, 2016 the commission after the investigation, which had lasted for the maximally permitted 18 months, decided to impose anti-dumping duties on imports of these types of Russian fertilizers, which should have come into force 60 days from the date of publication of the decision.
The agency said the results of the anti-dumping investigation showed that imports of Russian fertilizers to Ukraine at dumped prices cause injury to domestic producers of chemical fertilizers. However the commission also recognized the need to take into account the current situation in the market – supplies from Russia cover 80-90% of all deliveries of fertilizers in Ukraine - to prevent the deficit and a sharp rise in fertilizer prices in the country.
"The commission members agreed that to ensure food security there is an urgent need for measures to diversify the supply of fertilizers to Ukraine (from China, the Middle East, the United States and other states)," a press release reads.
The ministry noted on December 27, 2016 the commission after the investigation, which had lasted for the maximally permitted 18 months, decided to impose anti-dumping duties on imports of these types of Russian fertilizers, which should have come into force 60 days from the date of publication of the decision.
The agency said the results of the anti-dumping investigation showed that imports of Russian fertilizers to Ukraine at dumped prices cause injury to domestic producers of chemical fertilizers. However the commission also recognized the need to take into account the current situation in the market – supplies from Russia cover 80-90% of all deliveries of fertilizers in Ukraine - to prevent the deficit and a sharp rise in fertilizer prices in the country.
Feb 14, 2017
Source: Interfax
Source: Interfax
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