KIEV, Oct. 30 – President Viktor Yanukovych has signed laws passed by parliament this fall that calls for writing off and restructuring debts of arms producers under Ukroboronprom concern.

Yanukovych signed the law to ensure the producers can continue operation and expansion.

The law, approved by Parliament in September, calls for writing off the debts of the state concern's enterprises for natural gas, electric and thermal energy, water supply and drainage, as well as the debt to the Pension Fund and government social funds.

Yanukovych also signed into law a bill amending the Tax Code of Ukraine regarding the taxation of military and industrial enterprises.