Volodymyr Kistion: A new methodology for calculating port dues rates is to be approved by late April 2018

The reduction of port dues by 20% from January 1, 2018, has allowed Ukrainian ports to increase cargo turnover by 11%. This is a good signal and an incentive to accelerate the adoption of a new Methodology for Calculating Port Dues Rates - a document much awaited for by both Ukrainian and foreign entrepreneurs. Vice Prime Minister of Ukraine Volodymyr Kistion announced at a regular meeting dedicated to considering urgent issues in the energy, infrastructure and environment sectors.

The development and approval of Methodology and improving the Procedure for charging, accountability and utilizing port dues falls within the competence of the Ministry of Infrastructure of Ukraine. The document was submitted to the public discussion in late December of 2017.

The Vice Prime Minister stressed the Ministry of Infrastructure should speed up the adoption of this Methodology, which had been under discussion for over a year. "A new modern document is much awaited for by the business. I advise to accelerate the negotiations with the Antimonopoly Committee and the State Regulatory Service and adopt the Methodology by the end of April, 2018", underscored Volodymyr Kistion.