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UkrAvto executive predicts job cuts after WTO undergoes ratification
Journal Staff Report

ZAPORIZHIA, April 2 - Ukrainian Automobile Corporation (UkrAvto), Ukraine's large passenger car producer, forecasts job cuts at its companies after the agreement on the country's joining the World Trade Organization is ratified, its deputy chairman, Oleh Papashev, said at a press conference in Zaporizhia.

He said that after a fall in the car import duty from 25% to 10%, the population would have access to more cars, and the second-hand car market would be activated.




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