KIEV, July 5 – Representatives of business will have to revise their investment policy in Ukraine for the next few years if import duties for certain groups of goods are increased, as it will be impossible to predict the economic regulation and plan business even in the short-term outlook, according to the European Business Association.
The EBA says that business negatively assesses amendments to the law on the customs tariff of Ukraine regarding the bringing of imports duty rates in line with WTO criteria (No. 9241-d) passed at first reading by the parliament on May 15, 2012.
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