Ukraine will use all legal mechanisms seeking invalidation of the international arbitration court’s ruling ordering Ukraine to pay Tatneft $144 million.
Ukraine has settled a dispute with American pharmaceutical company Gilead Sciences Inc., following the company’s pursuit of legal remedies in both domestic courts and via investment arbitration.
Ukranian authorities have now applied to the UK High Court asking to set aside the recent UNCITRAL arbitration award against Ukraine and in favour of JKX.
Russia must bear responsibility for protecting Ukrainian investors in Crimea after its annexation under the Russian-Ukrainian bilateral investment treaty.
Yevgeny Kazmin, a co-owner of Ukraine’s KVV Group, has filed a lawsuit against Latvia with the International Centre for Settlement of Investment Disputes.
JKX Oil said the tribunal found the government of Ukraine was in breach of elements of the bilateral investment treaty between the UK and Ukraine.
The parties have advanced in negotiating the text of the agreement in part of tariff talks.
The sides are to work on the common vision and common approach to trade preferences for agricultural and industrial groups of goods.
European Union leaders expressed confidence that they would clinch an agreement that addresses Dutch concerns over a deal establishing closer ties with Ukraine, mindful that any failure to do so would hand a victory to Russia.
Dutch Prime Minister Mark Rutte could scupper an EU-Ukraine agreement if he does not secure key concessions following battles with Euroskeptics at home.
The Paris Court of Appeals confirmed the validity and enforceability of both awards.
Shortly after the signature of the Canada-EU trade deal, the pork industry shows optimism once again at Canada-Ukraine Free Trade Agreement.
The Canadian Government has introduced legislation to implement a free trade agreement with Ukraine.
Subsidiaries of Russian aluminum giant Rusal filed a claim with the ICSID, demanding Ukraine to compensate the company for the investments into the Zaporozhsky Aluminium Plant
The Ukrainian “saga” on the enforcement of the SCC emergency arbitrator’s award continues – the case is pending the second round of cassation review.
There are six lawsuits filed by the Ukrainian companies - Privatbank, Ukrnafta, Belbek Airport, Stabil, Everest Estate and Oshchadbank.
The claimants submit that the Russian Federation breached its obligations under the Ukraine-Russia BIT by taking measures that deprived the claimants of their property.
Ukrainian President Petro Poroshenko and his Indonesian counterpart Joko Widodo have agreed to start consultations on establishing a free trade zone between Ukraine and Indonesia.
The trade deal is seen as politically important given Ukraine’s efforts to escape from Russia’s influence.
The European Union will not make any changes in its association agreement with Ukraine to address Dutch voters’ concerns.