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ARMA will strike a blow to the aggressor! Draft law 10069 must be voted by the Verkhovna Rada!

28-10-2024

The National Agency should have the right to sell sanctioned assets through Prozorro.Prodazhi, and the management of the aggressor's corporations should be unblocked - ARMA's position.

Today, ARMA faces unprecedented challenges. We have a paradoxical situation: on the one hand, there are hundreds of identified real estate and corporate rights belonging to persons associated with the aggressor state. On the other hand, we have outdated procedures that prevent us from effectively managing these assets in the interests of Ukraine.

The absurdity of the situation is that the state now has to ask permission from representatives of the aggressor country to manage their assets. This is unacceptable in times of war.

ARMA initiated and MPs introduced draft law 10069 to simplify the mechanism of management and sale of sanctioned assets.

The National Agency calls on the Verkhovna Rada of Ukraine and the heads of all parliamentary factions to support legislative changes that will:

▪️ Simplify the procedure for transferring assets to Ukrainian business through transparent tenders

▪️ Allow the sale of property without additional approvals from representatives of the aggressor state

▪️ Provide a transparent mechanism of sale through Prozorro.Prodazhi

The National Agency calls on the President of Ukraine to recognize the relevant draft law as urgent, as it is of critical importance for the economic security of the state.

ARMA has every opportunity to sell sanctioned assets, but this issue needs to be regulated by law. This will provide new systemic revenues to the state budget, which will be key to the restoration of Ukraine at the expense of the property of the aggressor and his henchmen.

This will open up opportunities for new significant revenues to the state budget from the effective management of assets owned by representatives of the aggressor state or Belarus.

It is time for decisive action. Each asset returned to the state means additional resources for our victory and the restoration of Ukraine!