The Cabinet of Ministers of Ukraine approved abolishment of the additional import duty from 01 January 2016. The respective draft law was registered and is to be considered soon by the Parliament. 

We note that the additional import duty of 5% and 10% was introduced on 25 February 2015 as a mean for stabilization of the payment balance of Ukraine. The positive effect of this measure led to improvement of Ukraine’s macroeconomic indicators starting from II quarter of 2015.