As we reported in March, 2014, Verkhovna Rada of Ukraine adopted the Law of Ukraine "On State Budget of Ukraine for 2014" #1165 from 27.03.2014, which provided the Cabinet of Ministers of Ukraine the right to issue VAT bonds.
If Ukraine's moving towards the European Community a it's the purpose of the country, it would be worth developing European methods of taxation, where reimbursement of value added tax is 100% and the VAT bonds are passed into history.