Parliament recently adopted a law establishing the Crimea Free Economic Zone. Among other things, the law provides that the supply of goods and the provision of services across the administrative border of the Free Economic Zone will be considered import/export transactions, and will be subject to both full import duties and tariff and non-tariff barriers.
The new Customs Code, which takes effect on January 1 2003, has substantially reformed Ukraine's customs system. Re-import and re-export are once again permitted. The former allows exporters to return goods which buyers have rejected, while under the latter, the export of goods which were imported to Ukraine less than one year previously will not trigger any taxes.