The Cabinet of Ministers of Ukraine has approved a list of goods and sectors of the economy, for which the National Bank of Ukraine (NBU) is authorized to establish exceptions or specifics of introducing protective measures foreseen in the law on currency and foreign exchange (FX) operations.
The decision was made at a Feb. 13 meeting of the government.
“…The NBU, in the presence of signs of an unstable financial condition of the banking system, deterioration of the balance of payments of Ukraine… has the right to introduce safeguard measures, in particular, to establish limits for terms to settle export-import transactions… the NBU is authorized to establish exceptions or specifics of the introduction of the specific safeguard measures to protect concrete goods and industries under proposals of the Cabinet of Ministries,” the government said in an explanatory note to the draft government resolution, which has been sent to Interfax-Ukraine.
According to the text of the draft resolution, the list includes goods that are used by the entities others involved in space activities and aircraft building in order to manufacture and develop spacecraft systems, as well as in the development, production, re-equipment and repair of aviation equipment.
The list also includes goods that are exported and imported under product sharing agreements (PSA), as well as services (except transport and insurance), labor, intellectual property rights and other non-property rights that are exported.
This requirement also applies to medical services imported to provide treatment, examination and diagnosis of Ukrainian citizens with diseases from the list of orphan diseases approved by the Health Ministry, which, in particular, lead to disability, as well as for a number of other goods and services in the medical field.
