KIEV, Jan. 4 – The National Bank of Ukraine has lifted restriction of the term of 120 days for transactions to export services (apart from transport and insurance services) and intellectual property and copyrights, according to the law on removing administrative obstacles for exports of services that took effect on December 3, 2016.

The NBU said on its website that the amendments to the rules to supervise exports and imports transactions were approved in NBU resolution No. 419 dated December 30, 2016. It took effect on January 3, 2017.