KYIV, Nov 23 – President Petro Poroshenko signed bills No 8487 and No 8488 on the customs clearance of cars with EU number plates.

The signed documents, in particular, specify that the fees received from the customs clearance of such cars will be used to cover the deficit of the Pension Fund so that pensions could be raised and those receiving minimum pensions would be able to continue to do so.

"I have signed laws No 8487 and No 8488 to legalize cars with EU number plates that have been brought into Ukraine in violation of customs and tax laws. All the money received as a result, from the first to the last hryvnia, will be given to the Pension Fund to cover its deficit, raise pensions and secure the payments of minimum pensions to those in need. This is clearly stipulated by law," Poroshenko wrote on Facebook on November 23 morning.