Rada adopts law on electronic commerce

The law defines a number of terms in this field, including an e-commerce subject, electronic information services, electronic transactions, electronic commerce, an online store, and so on. In addition, the law defines the basic principles of e-commerce, among which are freedom in implementing electronic transactions, freedom to do business using information and telecommunications systems, as well as balancing the effectiveness of electronic transactions and deals concluded in any other form permitted by the law.