Good day! Here is a brief overview of the Resolution of the Board of the National Bank of Ukraine No. 166 dated December 30, 2025.<\/p>\n
1. **Essence of the Law:**
\n The resolution amends NBU Resolution No. 18 dated February 24, 2022, expanding the possibilities for “Defense City” residents to use targeted financing funds and conduct foreign exchange transactions related to the implementation of international agreements and investments in the authorized capital of foreign companies, with the approval of the Ministry of Defense of Ukraine and the permission of the NBU. This should contribute to the development of defense technologies and production in Ukraine.<\/p>\n
2. **Structure and Main Provisions:**
\n The resolution consists of two clauses. The first clause amends Resolution No. 18, in particular:
\n * It supplements the list of operations not subject to restrictions with operations of “Defense City” residents with targeted financing for the development of the latest technologies and defense production.
\n * It allows legal entities – residents of “Defense City” to carry out foreign exchange transactions under individual NBU permits based on appeals from the Ministry of Defense of Ukraine, related to international agreements and investments in foreign companies.
\n The second clause defines the date of entry into force of the resolution \u2013 from the day following the day of its official publication.<\/p>\n
3. **Main Provisions for Use:**
\n * Residents of “Defense City” can use targeted funding from foreign organizations for the development of defense technologies without the restrictions established by Resolution No. 18.
\n * To carry out foreign exchange transactions related to international agreements and investments in foreign companies, residents of “Defense City” must obtain permission from the NBU based on an appeal from the Ministry of Defense of Ukraine.
\n * The NBU will make decisions on granting permits taking into account ensuring the stability of the monetary unit of Ukraine and in coordination with the strategy of easing currency restrictions.<\/p>\n