Adopted as a basis the draft Law “On Amending the Law of Ukraine ‘On Ensuring Large-Scale Expansion of Export of Goods (Works, Services) of Ukrainian Origin Through Insuring, Guaranteeing and Cheapening Export Crediting’ to Ensure Effective Functioning of The Export Credit Agency”

Information Department of the Verkhovna Rada of Ukraine Secretariat
Published on 03 February 2021, at 16:16

The draft Law No. 3793 “On Amending the Law of Ukraine ‘On Ensuring Large-Scale Expansion of Export of Goods (Works, Services) of Ukrainian Origin Through Insuring, Guaranteeing and Cheapening Export Crediting’ to Ensure Effective Functioning of The Export Credit Agency” expands the ability of the ECA to insure and reinsure export factoring.
The bill proposes:
- removes the risk of uncontrollable burden on the State Budget;
- expands the spheres of support for Ukrainian exports – goods with high added value;
- increases the size of the ECA’s authorized capital to 2 billion UAH;
- establishes that the controlling block of shares in the ECA’s authorized capital belongs to the state and may not be privatized;
- expand the scope of support for Ukrainian exports;
- to leave only one type of state aid – state guarantees to ensure the fulfillment of ECA's debt obligations;
- ensure separate accounting of relevant earmarked contributions and donor assistance;
- cancel an instrument such as a securitization guarantee.

Return to posts

Printable version

“News”

25 February 2025 11:26

Photo exhibition has been opened in Lithuanian Seimas to mark the third anniversary of the full-scale russian invasion of Ukraine

24 February 2025 10:05

Members of the Ukrainian part of the Ukraine-EU Parliamentary Association Committee discussed the issue of strengthening financial and military support for Ukraine from the EU, considering the review of foreign policy priorities of the new US administration

05 February 2025 15:27

Ukrainian Week in the USA: Support for Ukraine continues, and our struggle for freedom remains the focus of international attention - Committee on Humanitarian and Information Policy

04 February 2025 15:10

The Committee on Economic Development recommends that the Verkhovna Rada adopt the Euro integration draft law on the timber market.

04 February 2025 13:15

On February 4, 2025, the Chairman of the Committee on Foreign Policy and Interparliamentary Cooperation, Oleksandr Merezhko, met with the Chairman of the Committee on Foreign Affairs, Defense, and Armed Forces of the Senate of the French Republic, Cédric Perrin

04 February 2025 09:30

Arsenii Pushkarenko: By the third anniversary of the full-scale invasion, the sixteenth package of EU sanctions against the aggressor state is to be implemented

30 January 2025 19:30

Verkhovna Rada of Ukraine: The First Parliamentary Platform of the Three Seas Initiative — A Year of Achievements, Strengthening Regional Cooperation, and a Strategic Path to European Integration

28 January 2025 13:20

The submission of applications for the grant program from FAO and the EU has been extended, — the Committee on Agrarian and Land Policy.

28 January 2025 12:34

The members of the Committee on Law Enforcement participated in the inaugural meeting of the sectoral working group "Law Enforcement"

28 January 2025 12:21

Yevheniia Kravchuk: European countries must take an active role in ensuring a just and lasting peace in Ukraine.

To review more