On March 2, The Cabinet of Ministers of Ukraine approved the amendments to Resolutions #615 and #594 of 5/30/2011 determining procedures of granting special permits for subsoil use and procedures for conducting auctions for selling such kind of permits. The Better Regulation Delivery Office (BRDO) developed this document jointly with the Ministry of Economic Development and Trade and the Ministry of Ecology and Natural Resources.
According to the BRDO head Oleksiy Honcharuk, only 5% of special permits were sold through auctions. Now this mechanism can really start working.
“The resolution significantly reduces a list of reasons previously used to avoid an auction and removes corruption barriers to allow responsible companies to participate in auctions. In particular, now the business will have enough time and information to review a lot for sale. This will allow to create a fair competition between subsoil users,” Oleksiy Honcharuk says.
Due to approved amendments, business will be able to independently initiate offering some subsoil areas for auctions. In addition, specific reasons for the refusal of subsoil use will be determined.