Customs Union threatens the economies of Ukraine and the EU

Customs Union of Russia, Belarus and Kazakhstan to distort competition in the fuel market in Ukraine and creates obstacles for international business as its territory, and for the economies of several European Union countries. Claimed by the Business Council of Ukraine - EU ", according to Interfax-Ukraine. "The Customs Union has a direct impact on Ukraine: it violates the market competition of motor fuel in the country and represents a real economic threat to the petroleum refining industry in Ukraine, but can also affect the refining capacity in some neighboring EU countries," - said in a letter Business Council of Ukraine - EU "forwarded to First Deputy Prime Minister Andriy Klyuev. Business Council stresses that the key problem is the long-term subsidization of oil refineries in Russia, Belarus and Kazakhstan, which are able to buy Russian crude oil at a significant discount without paying export duties. "At the same time the rest of the world, including Ukraine and the European Union, Russia's crude oil is sold at prices which have emerged on the world market and the payment of the current export duties. Thanks to this state of affairs petroleum products manufactured within the Customs Union with the abuse of the competitive situation and the use of unfair competitive advantage "- said in the letter. According to experts of the Business Council, subsidized imports displaces the Ukrainian and European oil products from the domestic market and increase supply of petroleum products from the Customs Union is due to the deterioration of European and Ukrainian manufacturers. Experts also believe that in the absence of rapid and collaborative response to this problem all the key players in the market of Ukraine and the Ukrainian government in the near future supplies of motor fuel from the Customs Union can completely replace the market with Ukrainian and European oil products, which today can not compete with such unequal terms. Earlier, President Viktor Yanukovych said that Ukraine could join the Customs Union within the Common Economic Space, created by Russia, Belarus and Kazakhstan, where its effectiveness. He believes that the work of the Customs Union, established the EEA, you should watch at least a year in order to evaluate its effectiveness and potential benefits for Ukraine to participate in it. Yanukovych said that Ukraine is an observer in the negotiations CES. Ministry of Industry