President of Ukraine Volodymyr Zelenskyy signed the law on the restoration of auctions for the sale of "

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This law allows the preparation and implementation of "

The document provides that during the quarantine period, auctions with a decrease in the starting price, auctions using the method of studying price offers, as well as privatization through the purchase of objects are not held.. State property is allowed to be sold only at an auction with conditions when the bidder wins the bidder who has offered the highest price and has undertaken to fulfill the terms of sale.

“Despite the coronavirus crisis, our goal of privatizing state-owned enterprises, which are often extremely inefficiently managed and are breeding grounds for corruption, remains unchanged.. Moreover, in order to ensure a quick economic recovery after the pandemic and the growth of the well-being of our citizens, we must improve the business climate and create favorable conditions for attracting investments to Ukraine, "

The law comes into force the next day after publication.