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New import tariff on cars triggers concerns

Mar. 26, 2013 15:54
215 159
Ukraine's duties on imported cars will be hiked on April 13 an additional 6.5 to 13 percent – on top of regular 10 percent import duties – on cars with engine sizes between 1,000 and 2,200 cubic centimeters.
Photo by AFP

Ukrainian authorities announced this month that they will raise import duties on some foreign-made vehicles in order to spur production of domestic automobiles, a move praised by local automakers but decried by international organizations and some industry experts.

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