Tuesday, June 26, 2018

Dramatic changes ahead for import/export and privatisation within the Ukrainian MIC?

Following the final successful vote on the “On National Security” law of 21st June, among several notable changes in a generally good if not perfect framework law, it became clear that serious changes to the SBU and Ukrainian military industrial complex would occur.
Both the SBU and Ukrboronprom in particular will feel the changes brought under the new legislation – and to be blunt, rightly so and long overdue.
While new legislation, or piecemeal amendments to the legislation that harnesses the SBU will take some months to appear, as will new processes for greater public scrutiny and a parliamentary intelligence committee being formed, it so follows that Ukrboronprom and the MIC will not see immediate change either.

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