December 18, 2013 15:33
Russia to lift restrictions on Ukrainian pipe imports - Ukrainian ministry
KYIV. Dec 18 (Interfax) - Russia has pledged to lift restrictions on steel pipe imports from Ukraine, Industrial Policy Minister Mikhail Korolenko said at a press conference on Wednesday.
"For pipes, the restrictions will be lifted. For fittings, the anti-dumping investigation will be halted. At least, that is what our Russian friends have promised," he said.
He also pointed to the resumption of operations at the Dnipropetrovsk Pipe Mill (DTZ), which has a major order from its Russian partners.
DTZ, which specializes in manufacture of hot-rolled, electro-welded and cold-worked tubes, resumed operations in December after a seven-month shutdown: it will deliver 12% of output to the domestic market and export 44% each to Europe and the CIS. DTZ is currently being integrated into DMKD, the main supplier of billets to DTZ.
The Customs Union (Russia, Belarus and Kazakhstan) decided not to prolong duty-free deliveries of Ukrainian pipe under its quota for the second half of 2013, Prime Minister Dmitry Medvedev reported in July. Russia had spoken against extending the agreement regulating deliveries of various types of steel pipe from Ukraine to the Customs Union in April.
Restoration of the liberal trade regime, following the agreement between the Russian and Ukrainian presidents, will have a positive economic effect on Ukraine totaling $1.5 billion in 2014, Korolenko said.
The stiffer customs regulation in 2013 led to a $1.4 billion decline in Ukraine's exports, or a 10% year-on-year decrease through the first 10 months of the year. Its impact was felt throughout the economy, but especially by automakers, railcar manufacturers and the pipe sector.
If the current situation were to continue, annual trade between Ukraine and Russia might contract by $4 billion-$4.5 billion, Korolenko said.
(Our editorial staff can be reached at email@example.com)
April 17, 2014
Kyiv, Moscow still have disagreements on military, political status of Ukraine - Deshchytsya (Part 3)
Russia has no wish to bring troops to Ukraine - Lavrov (Part 2)
Rally in favor of united Ukraine held in Donetsk
Kyiv, Moscow still have disagreements on military, political status of Ukraine - Deshchytsya (Part 2)
U.S. to introduce sanctions against Russia if no progress on Ukraine made - Kerry
Putin, Erdogan discuss situation in Crimea, position of Crimean Tatar community
Ukraine promises constitutional reform - Kerry
Kyiv, Moscow still have disagreements on military, political status of Ukraine - Deshchytsya
CORRECTION: KYIV AND MOSCOW STILL HAVE DISAGREEMENTS REGARDING UKRAINE'S MILITARY AND POLITICAL STATUS - DESHCHYTSYA
Lavrov denies Russian military was involved in Crimea events
Ella Pamfilova regrets discriminating actions of Ukrainian authorities towards Russians
KYIV AND MOSCOW STILL HAVE DISAGREEMENTS REGARDING UKRAINE'S MILITARY AND POLITICAL STATUS - DESCHITSA
Four parties of talks on Ukraine intend to continue meetings in different formats - Lavrov