High gas prices have made Ukrainian products uncompetitive
Ukrainian fertilizers cannot compete with Russian ones due to high gas prices. Alexander Dubinin, chairman of the subcommittee on industrial and investment policy of the Verkhovna Rada, stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.
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“Ukrainian products cannot compete, because the chemical industry very seriously depends on gas prices. In the production of urea, gas accounts for about 95% of its cost.
For Russian producers, the price of gas is now 73-75 dollars, for us it is 300. What kind of competition can we talk about?
The state must understand that either we will have a chemical industry or a market. This is the market - when we entered into a trade partnership with the EU, we opened all markets, and at the same time did not make any modernization,” he said.
Let us recall that in 2013, Russia offered Ukraine to join the Customs Union and provide billions of dollars in loans, as well as discounts on gas.
Kyiv rejected this proposal, choosing a course for an agreement with the EU on a free trade zone.
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