Ukrainian President Petro Poroshenko has signed law dated December 24, 2015 on measures to stimulate foreign economic operations passed by the parliament with 268 supporting votes, the press service of the president has reported.

"The implementation of the law would allow observing the conditions of the memorandum on the economic and financial policy of Ukraine between Ukraine and the International Monetary Fund (IMF) and the memorandum of understanding between Ukraine as a borrower and the European Union as a creditor of May 22, 2015," the press service said.

The law will take effect on January 1, 2016.