[cable network news] according to comprehensive media reports, recently, the Ukrainian inter departmental International Trade Commission cancelled the resolution on Levying 23.5% security tax on imported cables made on April 23, which was originally planned to take effect in mid October.

It is understood that on September 23, according to the initiative of the Ministry of digital transformation, the cross sectoral International Trade Commission launched a reconsideration of the resolution in April.

On September 14, the inter departmental International Trade Commission published the announcement on taking safeguard measures for cables imported by Ukraine from any country of origin and exporting country on April 23 in the government messenger newspaper. The implementation period is three years: the tax rate in the first stage is 23.5%, the second stage is 22.3%, and the third stage is 21.2%. This resolution will take effect 30 days after the original plan is published.

The investigation on imported cable products was launched on July 28, 2020, initiated by Odessa cable factory and southern cable factory in Ukraine.

According to the statistics of the inter departmental International Trade Commission, from the beginning of 2017 to the middle of 2020, the cable import increased by 128.8%, accounting for 180.4% of the total domestic production and 74.8% of the domestic consumption.

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