Zelensky signs new defense law

President of Ukraine Volodymyr Zelensky has signed a law aimed at creating favorable conditions for defense industry companies and strengthening Ukraine’s defense capabilities, CE Report quotes Ukrinform.

The legislation simplifies customs procedures for defense industry enterprises, the Armed Forces, and other security agencies during the import, temporary entry, or processing of defense-related goods.

The law is expected to accelerate the delivery of weapons, equipment, and components, reduce bureaucratic delays, and boost production.

Additionally, the law introduces special regulations for residents of the Defense City industrial park.

As previously reported, the Verkhovna Rada passed draft laws supporting the defense-industrial sector, including the establishment of Defense City, a special tax and regulatory regime in Ukraine.