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also help protect the environment from harmful emissions," the report said.
Used cars with European registration over five years, which were imported into the territory of Ukraine by the end of 2020, are taxed at a preferential rate of value added tax and excise tax.
"The amount of excise tax will depend on the age of the car, volume and type of engine and will not depend on its value. The base rate will range from €0 to €150, and in most cases the cost of customs clearance will not exceed €1,000," the President's Office said.
They emphasize that such cars are temporarily exempted from import duty.
"One car of one category of one owner can be cleared under the preferential mechanism," the President's Office said.
9.1.3 Transport sector news
Cargo shipments, a key indicator of economic activity, increased by 0.7%
in the January-April period, compared to the first four months of last year, reports the State Statistics Service. Road cargo was up 7%, to 62mn tons. Rail cargo was down 1.2%, to 95.5mn tons. River cargo was down 9% to 1.2mn tons.
● Planes
The creation of Ukraine’s national airline is a priority project, two government officials said on May 27. Prime Minister Shmygal said Oleksandr Kubrakov, the new Infrastructure Minister, has been told to “speed up negotiations” with foreign aircraft makers and foreign airlines for partnerships. Eventually, the government wants the new airline to only fly Ukrainian-made Antonovs, but the factory here has to catch up on other government orders. The airline could be launched by the end of this year, Kyrylo Tymoshenko, deputy presidential chief of staff, told Ukraina TV. With the national airline focused on domestic flights, Tymoshenko noted that the government’s ‘Big Construction’ project is building or upgrading airports in Chernivtsi, Dnipro, Kherson, Kryvy Rih, Mukachevo, Poltava and Rivne.
Ukraine banned all flights to and from Belarus on May 24, ending 38 flights a week by Belavia, the nation’s state airline. The move against the third largest airline serving Ukraine comes in reaction to Belarus President Lukashenko scrambling a MiG 29 fighter Sunday to force down a Ryanair Boeing on an Athens-Vilnius flight, leading to the arrest of a dissident journalist. “President Volodymyr Zelensky initiated a decision to completely stop air traffic with the Republic of Belarus and redirect all flights bypassing its airspace,” Oleksiy Danilov, secretary of the National Security and defence Council told Interfax-Ukraine.
Kyiv’s Sikorsky airport is embarking on a 3-year, $100mn investment program to allow long haul jets to land by the end of 2023. The asphalt concrete runway is to be rebuilt with concrete and extended by 20%, to 2,770 meters. Often restricted by fog, the airport will receive a Category II ILS instrumental landing system. This will cut in half – to 350 meters – the visibility needed for pilots to land. With only one landing strip, Kyiv’s right bank airport
60 UKRAINE Country Report XXXX 2018 www.intellinews.com