Section: News & Summaries

      Arbitration in The Hague to hand down rulings in another 2 claims of Ukraine businesses against Russia over Crimea annexation
      Mar11

      Arbitration in The Hague to hand down rulings in another 2 claims of Ukraine businesses against Russia over Crimea annexation

      Two more cases are also expected to reach a jurisdictional ruling soon, lodged with the Arbitration Tribunal in The Hague against Russia by Ukrainian oil companies Ukrnafta and Stabil over seized petrol stations in Crimea, according to Global Arbitration Review. A hearing in those cases took place at roughly the same time as the one in the...

      Russian troops attacked Ukrainian positions in Donbas 80 times in the past 24 hours, 6 Ukrainian soldiers wounded
      Mar10

      Russian troops attacked Ukrainian positions in Donbas 80 times in the past 24 hours, 6 Ukrainian soldiers wounded

      Russian troops fired over 60 mortar mines in Dokuchaievsk area in the Mariupol sector. Mariupol and its eastern outskirts remain the hottest spot. Russian troops violated the ceasefire in Donbas eighty times in the last day massively using heavy weapons, six Ukrainian troops were wounded in action (WIA), according to the press service of the...

      Core inflation in Ukraine accelerates to 6.6% in Feb
      Mar10

      Core inflation in Ukraine accelerates to 6.6% in Feb

      Core inflation in Ukraine in February 2017 accelerated to 6.6% in annual terms – compared to February 2016 – against 6.2% in January 2017 from January 2016, according to Ukrainian State Statistics Service`s website. Core inflation in February 2017 accelerated to 0.7% compared to January 2017 against 0.4% in January 2017 from December 2016, the...

      Kremlin sees Minsk-2 as only document for Donbas settlement
      Mar10

      Kremlin sees Minsk-2 as only document for Donbas settlement

      Russian presidential press secretary Dmitry Peskov claims Minsk peace agreements dated February 2015, also known as Minsk 2, are considered to be the only document for the settlement of the Donbas crisis, according to an UNIAN correspondent in Russia. ”The Minsk agreements remain the only signed text that is a road map within this intra-Ukrainian...

      Ukraine`s Cabinet of Ministers decides to inject extra $375 mln into two state-owned banks
      Mar10

      Ukraine`s Cabinet of Ministers decides to inject extra $375 mln into two state-owned banks

      Ukraine`s Cabinet of Ministers has decided on additional capitalization of state-owned banks, Ukreximbank and Oschadbank, to the tune of UAH 4.7 billion, or about US$175 million, and UAH 5.4 billion, or $200 million, respectively, by issuing 15-year government bonds in exchange for the banks` new shares, according to resolutions Nos. 122 and 123,...

      Charges against Ukrainian woman detained in UAE dropped – media
      Mar10

      Charges against Ukrainian woman detained in UAE dropped – media

      The charges against a South African man and his Ukrainian fiancee, who were detained in Abu Dhabi, the United Arab Emirates, on charges of ”pregnancy outside marriage,” were dropped earlier this week, the Department of International Relations and Co-operation said on Friday, according to South Africa`s News24. ”All charges against the couple have...

      Election in occupied Donbas no longer on Minsk agenda – Ukraine`s negotiator
      Mar10

      Election in occupied Donbas no longer on Minsk agenda – Ukraine`s negotiator

      Expert of the political subgroup of the Trilateral Contact Group on the settlement of the Donbas crisis Olga Aivazovska claims that the issue of holding local elections in Russia-occupied Donbas is no longer on the agenda of Minsk peace talks due to the efforts of the Ukrainian side, according to a Ukrainian television channel. ”In fact, the...

      EU leaders voice concern about Russia destabilizing Balkan states
      Mar10

      EU leaders voice concern about Russia destabilizing Balkan states

      Leaders of the European Union are voicing concern about ”external influences” fueling divisions in the Western Balkans after recent moves by Russia and its Balkan allies to block closer ties with the West, according to Radio Free Europe/Radio Liberty (RFE/RL). ”I will make clear my concerns about the potential for increased instability in that...

      Arbitrators rule Russia obliged under BIT to protect Ukrainian investors in Crimea following annexation
      Mar10

      Arbitrators rule Russia obliged under BIT to protect Ukrainian investors in Crimea following annexation

      In a pair of rulings rendered on February 24, 2017 by identically-constituted tribunals hearing parallel claims against the Russian Federation, certain key jurisdictional objections have been dismissed, according to IAReporter. In particular, arbitrators have accepted the principle that Russia could be liable under the Ukraine-Russia BIT for the...

      Ukraine`s agriculture ministry set to boost state support of agri-businesses
      Mar10

      Ukraine`s agriculture ministry set to boost state support of agri-businesses

      Ukrainian Agrarian Policy and Food Minister Taras Kutoviy has initiated an increase in the amount of state support of Ukrainian agribusinesses from UAH 65 million, or US$2.42 million, in 2017 to UAH 1 billion, or $37.16 million, in 2018, according to the ministry`s press service. ”This year, the Ukrainian State Farmers Support Fund provides for...