KYIV, Oct 12 – The Economic Development and Trade Ministry of Ukraine predicts the annulment of the limits for cost-effectiveness for defense products at 1% for spare parts and 20% for other costs, which are in effect now in defense industry, under the proposal of the Defense Ministry by the end of 2018.

"The Economic Development and Trade Ministry has already initiated the annulment of the cost-effectiveness limits under the 1/20 formula before the government," Head of the interagency commission for defense industry at the National Security and Defense Council (NSDC), Deputy Economic Development and Trade Minister Yuriy Brovchenko told Interfax-Ukraine at the15th international specialized exhibition Arms and Security 2018 held in Kyiv on October 9 through October 12.