KIEV, Dec. 9 – President Petro Poroshenko has signed a law on the National Agency of Ukraine for Detection and Management of Assets Obtained through Corruption and Other Crimes, the president's press service reported.

The law was passed by the Ukrainian parliament on November 10.

The establishment of this agency is one of the main criteria of the implementation by Ukraine of the action plan on liberalization visa regime with the European Union. The adoption of the European rules of efficient detection and management of the arrested asserts and their confiscation will ensure an efficient cooperation with European criminal justice authorities and will help Ukraine to recover assets withdrawn by illegal means.