The government recommends to increase by three months the settlement terms for the export or import of certain goods

The Cabinet of Ministers of Ukraine gave the National Bank the opportunity to establish exceptions to the deadline for  calculations of operations on the export and import of goods for the defense industry. And it also recommended that the NBU, in particular, increase the terms of settlements for such operations in the field of mechanical engineering, or with a large delivery shoulder. The Government made the relevant decision at a meeting on June 21, 2024.

According to the Government's decision, the National Bank is recommended to increase from 180 to 270 days settlement of export-import operations, in particular:

machines for processing various materials, including laser, lathes, processing centers, etc.

water jet cutting machines;

machines (including presses) for processing metals;

machines and apparatus for soldering or welding;

chassis, bodies, trailers and semi-trailers, etc.;

agricultural, horticultural or forestry machines for soil preparation or processing;

pipes and tubes;

electric motors and generators;

chassis with installed engines, etc.

In addition, the Government recommends that the NBU increase from 90 to 120 days the maximum calculations terms for some agricultural products, in particular, wheat, rye, etc.

More details: http://surl.li/usqeu

 

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