Parliament allows aviation industry to set-up joint ventures with foreign partners
14 Jul 2016
On 14 July 2016, the Parliament adopted law No. 4809 “On amendments to certain legislative acts of Ukraine regarding the establishment of conditions for international cooperation between aircraft entities and the development of the national aircraft industry”. It will enter into force once signed by the President. The law provides for the possibility of Ukrainian state enterprises in the aviation sector to set up joint ventures with foreign partners. The act also provides for the extension until 2025 of state financial support to the system of sales of domestic aircraft.
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Type:
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Entry and establishment (Ownership and control)
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Promotion and facilitation (Investment incentives)
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Industry:
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Manufacturing (Manufacture of transport equipment)
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Sources:
