Industrial associations in Ukraine, representing key sectors such as mining, metallurgy, and construction, are pushing the government to refrain from increasing freight and electricity tariffs. They have warned that such price hikes could result in reduced production, operational challenges, or even the closure of facilities, raising concerns about the broader economic implications for the country.
These groups argue that higher tariffs could undermine the competitiveness of Ukrainian industries in the global market and exacerbate existing cost pressures. With the country still recovering from the impacts of the war, many businesses are already operating at full capacity or near full capacity, and additional costs could lead to significant financial strain. The associations are calling on the government to prioritize maintaining a stable business environment to support continued industrial growth and employment.
Industry leaders have also emphasized the need for a balanced approach to regulation, suggesting that while the government has a role in ensuring fair pricing and infrastructure development, it must also consider the operational realities of businesses. They are urging policymakers to explore alternative measures that could address infrastructure needs without resorting to tariff hikes, such’through investment in renewable energy sources or infrastructure upgrades that reduce long-term costs.