Ukrainian government has submitted to the parliament the bills aiming to boost legitimate extraction of amber by easing regulatory requirements. If supported by parliament and president, the bills will simplify the access of businesses to subsoil use and increase transparency of the industry.
Along with changes related to extraction of amber, the Government proposes some changes that will impact other extraction activities. Key provisions of the Government bills are summarized in the infographics below:
Should you have any questions related to extraction of amber or other natural resources in Ukraine, please contact Yuriy Katser, Head of Legal Services.