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Ukraine


Ukraine ready for conclusion of FTA with UK, and hard Brexit trade representative
Ukraine is ready for conclusion of a free trade agreement with the United Kingdom and for economic cooperation in the face of hard Brexit.
Recent developments in “Crimean” investment arbitration claims
While the geopolitical tensions remain, the legal landscape continues to evolve. It seems likely that more claims will be brought in each direction.
Ukraine denied reconsideration of $112 mln dispute with Russia’s Tatneft
The Supreme Court of Russia denied a motion lodged by Ukraine demanding reconsideration of a ruling in Ukraine’s $112 million dispute with Russia’s Tatneft oil company.
Hague court declines Russia’s request to reconsider liability under PrivatBank’s Crimea claim
PrivatBank commenced the arbitration on April 13, 2015, for breaches of the Russian Federation’s obligations towards PrivatBank’s assets in Crimea.
Ukrainian energy company Ukrenergo filed lawsuit against Russia due to lost assets in occupied Crimea
The energy company Ukrenergo submitted claims in a dispute with Russia to the arbitration court regarding the illegal seizure of the company’s infrastructure in the annexed Crimea.
Ukraine, Israel want to expand free trade agreement to cover services
Ukraine and Israel have agreed to start to work on the expansion of the free trade agreement to cover services.
Ukraine, Turkey mull free trade deal
Ukraine and Turkey are considering a free trade agreement that could see two-way commerce more than double to $10 billion yearly, a statement says on the Ukrainian presidential website.
Ukraine Naftogaz files $5.2 bln lawsuit against Russia
Ukraine’s state energy group Naftogaz has asked the Hague Permanent Court of Arbitration to force the Russian Federation to pay the Ukrainian company $5.2 billion compensation for assets lost in annexed Crimea.
Ukraine, Canada to work on expansion of FTA agreement to services, investments
Ukraine and Canada will work on deepening economic cooperation and expansion of the bilateral free trade agreement to the sphere of services and investments, Ukrainian President Volodymyr Zelensky has said.
How Ukrainian poultry becomes EU produce
The export procedures of Ukrainian poultry producer MHP have proved controversial. The EU has responded by changing its quotas for duty-free imports of chicken meat from Ukraine — but there may be further consequences.
Ukraine-Turkey free trade agreement is 99% ready
The free trade agreement between Ukraine and Turkey is 99% ready. "The agreement is 99% ready. Some details have left that influence the numbers," Deputy Foreign Minister of Ukraine Vasyl Bodnar said in an interview with the Ukrainian Radio, answering a question about the readiness of the FTA with Turkey.
Russia refutes Hague Court ruling on Naftogaz assets in Crimea - Justice Ministry
Russia refuses to recognize the decision by the Hague arbitration court on Ukraine’s Naftogaz claims over allegedly lost assets in Crimea as the court does not have any legal authority to settle such cases, the Russian Justice Ministry said.
Hague arbitration court rules in favor of PrivatBank against Russia on bank assets seized in Crimea – bank
The Permanent Court of Arbitration has announced a partial arbitration decision in favor of PrivatBank and against Russia. The question of the amount of compensation is left for the next stage of the arbitration proceedings.
Ukraine and Israel sign massive free trade agreement
The expectation is that this deal will bring trade between the two countries to over $1 billion within five years.
Ukraine: Enforceability of emergency arbitral awards (JKX Oil & Gas PLC v. Ukraine)
The Ukrainian Supreme Court refused recognition and enforcement of the emergency award in Ukraine, based on the grounds that enforcement of the emergency award would be contrary to the public policy of Ukraine
Ukraine’s Oschadbank awarded $1.3 bln from Russia over Crimea loss
Ukraine’s Oschadbank has been awarded $1.3 billion by an international arbitration court in respect of the bank’s claims against Russia to compensate for loss of business and assets in Crimea following Moscow’s annexation of the peninsula in 2014.
In Beijing, Ukraine and China begin talks on free trade agreement
Ukrainian and Chinese officials began preliminary talks on a possible, future Ukraine-China free trade agreement.
Ukraine, Israel plan to sign free trade deal this year
Ukraine and Israel are planning to sign a free trade agreement (FTA) this year, Ukrainian First Deputy Prime Minister Stepan Kubiv said.
Kyiv court rules to seize shares of Russia’s state-owned banks in Ukraine
The move followed a ruling of the Permanent Court of Arbitration that the Russian government must compensate almost two dozen Ukrainian companies for their losses incurred from the illegal annexation of Crimea in 2014.
UK seeks to prepare FTA with Ukraine by mid-2019
The United Kingdom is ready to talks with Ukraine on the bilateral free trade agreement that would regulate trade and economic relations after Brexit.