The Ministry of Economy to oversee the activities of the Chamber of Commerce and Industry instead of the Prime Minister

The Ministry of Economy to oversee the activities of the Chamber of Commerce and Industry instead of the Prime Minister

The Ministry of Economy and Sustainable Development will assume responsibility for state oversight of the Chamber of Commerce and Industry, replacing the Prime Minister.

The relevant amendment is being introduced to the Law on the Chamber of Commerce and Industry. Under the current version of the law, state oversight of the Chamber's activities falls under the Prime Minister's authority. Parliament will consider the amendments through an expedited procedure.

The initiative was submitted to Parliament by the Government Administration. According to the explanatory note, the amendments will ensure the effective functioning of the Chamber of Commerce and Industry, helping to increase the country's foreign trade potential, promote economic development and support entrepreneurs.