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Law No.327/95-VR of 1995 on operations with give-and-take raw materials in foreign economic relations.

Country/Territory
Ukraine
Document type
Legislation
Date
1995
Source
FAO, FAOLEX
Subject
Food & nutrition
Keyword
International trade Processing/handling
Geographical area
Black Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia
Entry into force notes
The Law enters into force from the date of its official publication.
Abstract

Give-and-take raw materials – raw materials, materials, semi finished products, component parts, energy carriers imported into the customs territory of Ukraine by a foreign customer (or purchased by a foreign customer for foreign currency in Ukraine), or exported from the customs territory of Ukraine by a Ukrainian customer, for the use thereof in the manufacturing of finished product. The foreign customer may not purchase the give-and-take raw materials at the customs territory of Ukraine for the national currency of Ukraine or obtain them in the result of other operations, including barter operations. The customer shall enjoy the rights of ownership to give-and-take raw materials at each stage of their processing, as well as to the products manufactured thereof. The document consists of 12 Articles. Article 1 gives terms definition. Article 2 determines procedure of import of give-and-take raw materials of foreign customer into the customs territory of Ukraine and export of finished products manufactured thereof. Article 3 determines procedure of sales of finished products manufactured of the give-and-take raw materials imported by a foreign customer, at the customs territory of Ukraine. Article 4 determines procedure of purchase of give-and-take raw materials at the customs territory of Ukraine by a foreign customer, and procedure of sales or export of finished products manufactured of these materials. Article 5 determines procedure of export of give-and-take raw materials by Ukrainian customer from the customs territory of Ukraine, and re-export of finished products into Ukraine. Article 6 determines the procedure of payment for processing, treatment, enrichment or use of give-and-take raw materials. Article 7 gives definition of foreign operations with give-and-take raw materials. Article 8 regards accounting and statistic information on foreign operations with give-and-take materials. Article 9 establishes liability for violation of performing operations with give-and-take raw materials. Article 10 establishes state guarantees in performance of operations with give-and-take materials. Article 11 deals with legislation on foreign operations with give-and-take raw materials. Article 12 imposes restrictions on utilization of natural resources during fulfilment of operations with the give-and-take raw materials.

Full text
English

References - Legislation

Amended by

Law No.2761-III on amendments to the Law on operations with give-and-take raw materials in foreign economic relations.

Legislation | Ukraine | 2001

Keyword: Agricultural commodities, International trade, Processing/handling, Oils/oilseeds/fats

Source: FAO, FAOLEX