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Union and business leaders ask for moratorium on iron ore royalty hike
Journal Staff Report

KIEV, April 20 – The heads of leading sector unions, mining companies, associations and trade unions have asked the Ukrainian authorities and profile ministries to impose a moratorium on the increase of royalties for the production of iron ore and form working groups to attract experts and market players to draw up a transparent and justifiable royalty mechanism.

This request was made in a letter which was sent to the president, prime minister, the finance, economic development and trade ministers, and the parliamentary committees on tax and customs policies, industrial policy, and economic policy.




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