Here’s an interesting one; Ukraine is currently debating whether
to impose or delay the introduction of anti-dumping duties on Russian urea and
urea-ammonium nitrate (UAN) until after parliament passes a bill concerning
zero nitrogen fertiliser duties for other countries.
Arguably it would make sense for Ukraine to try and protect its
domestic fertiliser industry from its neighbour dumping cheap imports by imposing duties
and making them less competitive.
However Ukraine’s Ministry of Agricultural recognises that
it may be necessary to suspend anti-dumping duties on Russian imports until after
the Verkhovna Rada approves the bill to avoid possible negative consequences
for agriculture; which I take to mean a shortage of fertiliser for the
coming season.
The scenario being that Ukraine impose duties on Russian imports which reduces the supply before freeing up a replacement supply from elsewhere by passing the zero duties for other countries bill.
The anti-dumping duties on imports of urea and UAN from
Russia are set to be introduced in February for a period of five years and the zero
duties bill was endorsed by the government committee and sent to central
executive agencies for approval which I have no idea how long takes to be
ratified.
Worth keeping a close eye on this story.