Zelenskyy signs law restoring AMCU's oversight of state aid to businesses
Ukrainian President Volodymyr Zelenskyy has signed a law restoring the Antimonopoly Committee of Ukraine's (AMCU) oversight of state aid to enterprises.
Ukrainian President Volodymyr Zelenskyy recently signed legislation that reinstates the Antimonopoly Committee of Ukraine's (AMCU) supervision over state aid provided to businesses. The Verkhovna Rada, or Ukrainian parliament, has received the signed law and it aims to meet international commitments under the EU's Association Agreement and the Ukraine Facility.
The new law rescinds temporary suspensions implemented at the beginning of the ongoing full-scale war, restoring AMCU's complete authority to evaluate the competitiveness of state aid. However, state aid given to businesses during martial law remains unchanged. Furthermore, the law updates terminology in accordance with EU standards, specifically concerning services of general economic interest, de minimis aid, and projects of common interest of importance.
It also enhances the function of the State Aid Register, managed by AMCU, and introduces targeted support programs for small and medium-sized enterprises during martial law. The bill was first proposed on July 22 and received initial approval during the parliament's first reading on September 1, followed by the second reading on November 11.
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