Ukrainian President Petro Poroshenko has said the state support will allow shooting over 120 films a year in Ukraine.

"Having increased the government financing of the cinema, we laid the foundations for producing more than 120 films a year. I believe a bright future awaits Ukrainian cinema!" the head of state wrote on Facebook on Saturday.

He also recalled that the rights to the Ukrainian film-fantasy "The Watchtower" have already been purchased by 27 countries.