Saturday, August 18, 2018

Poroshenko signs law releasing Ukroboronprom from MTC contracts with Russia

Ukrainian President Petro Poroshenko has signed a law introducing amendments to laws of Ukraine on resolving several questions of the debt of defense enterprises, part of the Ukroboronprom State Concern, to the aggressor country and/or occupying country and providing for their stable development, the presidential press service has reported.
The law proposes mechanisms for protecting the economic activities of defense industry enterprises included in the list of state-owned objects of strategic importance for the economy and security of the state against negative consequences of the impact of legal entities registered on the territory of the aggressor country and/or occupying country or legal entities with foreign investment of the aggressor country and/or occupying country.

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