Bloomberg News

Ukraine Cabinet to Increase Import Duty for Cars, Unian Says

June 06, 2012

Ukraine seeks to increase import duty for cars, Unian news agency reported citing Ukrainian Economy MinisterPetro Poroshenko.

Ukraine wants to protect domestic producers of automobiles and to reduce effect of car imports on the country’s balance-of- payments deficit, Unian cited Poroshenko as saying.

To contact the reporter on this story: Kateryna Choursina in Kiev at

To contact the editor responsible for this story: James M. Gomez at;

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