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Thursday, 21 November
economy

Zelensky put into effect the decision of the National Security and Defense Council on the nationalization of Motor Sich

President of Ukraine Volodymyr Zelensky has signed a decree enacting a non-public decision of the National Security and Defense Council (NSDC) regarding Motor Sich Joint Stock Company.

The corresponding decree wasis posted on the president's website.

"In accordance with Article 107 of the Constitution of Ukraine, I order: 1. To put into effect the decision of the National Security and Defense Council of Ukraine dated March 11, 2021 'On the status of implementation of the decision of the National Security and Defense Council of Ukraine dated March 1, 2018 'On urgent measures to protect the national interests of the state in the field of aircraft engines,' enacted by Ukrainian President's decree dated March 6, 2018 No. 58 (attached, for official use)," the document says.

The decree also stipulates that the control over the implementation of the National Security and Defense Council's decision must be entrusted to the Secretary of the National Security and Defense Council of Ukraine.

The decree came into force on Wednesday, March 24.