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KIEV, March 1. /TASS/. Ukraine’s President Petro Poroshenko has signed a law on amending the country’s Tax Code to exempt from taxes defence-related products, the press service of the Ukrainian president said on Sunday.
The amendments exempt defence-related products imported from most of European countries, the United States, Canada, Brazil, India and China from value-added taxes.
Apart from that, the document is geared to exclude any potential possibility to buy defence-related products from countries, the current Ukrainian authorities dub as an "invader state" and from "Ukraine’s occupied territories."
On September 2, 2014, Ukraine’s Verkhovna Rada /parliament/ passed a law cancelling import taxes on defence-related goods. Currently, Kiev is negotiating possible weapons supplies with Washington. In mid-February, a group of Republican Senators submitted to the U.S. Congress a bill vesting the president with the right to supply weapons to Ukraine. U.S. weapons supplies may reach one billion U.S. dollars.