diff --git a/00267-install-pip-in-a-venv-with-system-site-packages.patch b/00267-install-pip-in-a-venv-with-system-site-packages.patch
new file mode 100644
index 0000000..60039f8
--- /dev/null
+++ b/00267-install-pip-in-a-venv-with-system-site-packages.patch
@@ -0,0 +1,78 @@
+diff --git a/Lib/test/test_venv.py b/Lib/test/test_venv.py
+index 3999d1f..c1e6566 100644
+--- a/Lib/test/test_venv.py
++++ b/Lib/test/test_venv.py
+@@ -328,13 +328,7 @@ def test_devnull_exists_and_is_empty(self):
+         with open(os.devnull, "rb") as f:
+             self.assertEqual(f.read(), b"")
+ 
+-    # Requesting pip fails without SSL (http://bugs.python.org/issue19744)
+-    @unittest.skipIf(ssl is None, ensurepip._MISSING_SSL_MESSAGE)
+-    @unittest.skipUnless(threading, 'some dependencies of pip import threading'
+-                                    ' module unconditionally')
+-    # Issue #26610: pip/pep425tags.py requires ctypes
+-    @unittest.skipUnless(ctypes, 'pip requires ctypes')
+-    def test_with_pip(self):
++    def do_test_with_pip(self, system_site_packages):
+         rmtree(self.env_dir)
+         with EnvironmentVarGuard() as envvars:
+             # pip's cross-version compatibility may trigger deprecation
+@@ -368,6 +362,7 @@ def test_with_pip(self):
+                 # config in place to ensure we ignore it
+                 try:
+                     self.run_with_capture(venv.create, self.env_dir,
++                                          system_site_packages=system_site_packages,
+                                           with_pip=True)
+                 except subprocess.CalledProcessError as exc:
+                     # The output this produces can be a little hard to read,
+@@ -417,9 +412,21 @@ def test_with_pip(self):
+         out = out.decode("latin-1") # Force to text, prevent decoding errors
+         self.assertIn("Successfully uninstalled pip", out)
+         self.assertIn("Successfully uninstalled setuptools", out)
+-        # Check pip is now gone from the virtual environment
+-        self.assert_pip_not_installed()
++        # Check pip is now gone from the virtual environment. This only
++        # applies in the system_site_packages=False case, because in the
++        # other case, pip may still be available in the system site-packages
++        if not system_site_packages:
++            self.assert_pip_not_installed()
+ 
++    # Requesting pip fails without SSL (http://bugs.python.org/issue19744)
++    @unittest.skipIf(ssl is None, ensurepip._MISSING_SSL_MESSAGE)
++    @unittest.skipUnless(threading, 'some dependencies of pip import threading'
++                                    ' module unconditionally')
++    # Issue #26610: pip/pep425tags.py requires ctypes
++    @unittest.skipUnless(ctypes, 'pip requires ctypes')
++    def test_with_pip(self):
++        self.do_test_with_pip(False)
++        self.do_test_with_pip(True)
+ 
+ if __name__ == "__main__":
+     unittest.main()
+diff --git a/Lib/venv/__init__.py b/Lib/venv/__init__.py
+index 74245ab..fa03262 100644
+--- a/Lib/venv/__init__.py
++++ b/Lib/venv/__init__.py
+@@ -77,6 +77,10 @@ def create(self, env_dir):
+         """
+         env_dir = os.path.abspath(env_dir)
+         context = self.ensure_directories(env_dir)
++        # See issue 24875. We need system_site_packages to be False
++        # until after pip is installed.
++        true_system_site_packages = self.system_site_packages
++        self.system_site_packages = False
+         self.create_configuration(context)
+         self.setup_python(context)
+         if self.with_pip:
+@@ -84,6 +88,11 @@ def create(self, env_dir):
+         if not self.upgrade:
+             self.setup_scripts(context)
+             self.post_setup(context)
++        if true_system_site_packages:
++            # We had set it to False before, now
++            # restore it and rewrite the configuration
++            self.system_site_packages = True
++            self.create_configuration(context)
+ 
+     def clear_directory(self, path):
+         for fn in os.listdir(path):
diff --git a/python3.spec b/python3.spec
index 469599f..6432e19 100644
--- a/python3.spec
+++ b/python3.spec
@@ -112,7 +112,7 @@
 Summary: Version 3 of the Python programming language aka Python 3000
 Name: python3
 Version: %{pybasever}.3
-Release: 4%{?dist}
+Release: 5%{?dist}
 License: Python
 Group: Development/Languages
 
@@ -399,6 +399,11 @@ Patch243: 00243-fix-mips64-triplet.patch
 # and tests and integration by Nick Coghlan.
 Patch259: 00259-tolerate-legacy-invalid-bytecode.patch
 
+# 00267 #
+# Make pip installable inside a new venv when using the --system-site-packages flag
+# FIXED UPSTREAM: https://bugs.python.org/issue24875
+Patch267: 00267-install-pip-in-a-venv-with-system-site-packages.patch
+
 # (New patches go here ^^^)
 #
 # When adding new patches to "python" and "python3" in Fedora, EL, etc.,
@@ -639,8 +644,8 @@ sed -r -i s/'_PIP_VERSION = "[0-9.]+"'/'_PIP_VERSION = "%{pip_version}"'/ Lib/en
 %patch205 -p1
 %patch206 -p1
 %patch243 -p1
-
 %patch259 -p1
+%patch267 -p1
 
 # Currently (2010-01-15), http://docs.python.org/library is for 2.6, and there
 # are many differences between 2.6 and the Python 3 library.
@@ -1540,6 +1545,9 @@ rm -fr %{buildroot}
 # ======================================================
 
 %changelog
+* Mon Apr 24 2017 Charalampos Stratakis <cstratak@redhat.com> - 3.5.3-5
+- Make pip installable in a new venv when using the --system-site-packages flag
+
 * Tue Mar 21 2017 Tomas Orsava <torsava@redhat.com> - 3.5.3-4
 - Fix syntax error in %%py_byte_compile macro (rhbz#1433569)