Penny Pritzker shares vision for Ukraine’s economic recovery

At the end of July, Penny Pritzker, the U.S. Special Representative for Ukraine’s Economic Recovery, visited Ukraine to discuss ways to increase private sector investment and jumpstart Ukraine's economy. During her visit, she met with senior Ukrainian officials, including Prime Minister Denys Shmyhal, First Deputy Prime Minister Yuliya Svyrydenko, Minister of Digital Transformation Mykhailo Fedorov, … Continue reading Penny Pritzker shares vision for Ukraine’s economic recovery

Power Supply Restoration: Banks Sign Memorandum on Lending for Projects

17 major banks have signed a Memorandum regarding bank lending for projects aimed at restoring the country’s power supply infrastructure. Ukrinform reports that Andriy Pishnyi, Chairman of the National Bank of Ukraine, announced this on his Facebook account. Pishnyi noted, “Yesterday, 17 signatures were affixed to a document that I consider to be somewhat historic … Continue reading Power Supply Restoration: Banks Sign Memorandum on Lending for Projects

Launching the International Action Platform for the Green Recovery of Ukraine and Further Support of Ukraine’s Environmental Sector by Germany

Minister Ruslan Strilets discussed this with Jürgen Raimund Keinhorst, a representative of the Bundesumweltministerium (Federal Ministry for the Environment, Nature Conservation, Nuclear Safety, and Consumer Protection). The Head of the Ministry of Environment thanked the German Government and Steffi Lemke, the German Federal Minister for the Environment, Nature Conservation, Nuclear Safety, and Consumer Protection, for … Continue reading Launching the International Action Platform for the Green Recovery of Ukraine and Further Support of Ukraine’s Environmental Sector by Germany

New Rules and Claim Forms Approved for Registering Damage Caused by Russian Aggression Against Ukraine

On 16 July 2024, the Register of Damage Caused by the Aggression of the Russian Federation against Ukraine (“RD4U”) published the long-awaited Rules and Claim Forms for new claims categories. In particular, this allows state- and privately owned legal entities to submit claims (along with relevant evidence) related to damage or destruction of critical and … Continue reading New Rules and Claim Forms Approved for Registering Damage Caused by Russian Aggression Against Ukraine

Ukraine and UNIDO signed the Program for Green Recovery of Ukraine’s Industry for 2024-2028

ECONOMY INTERNATIONAL ACTIVITY Ukraine and the United Nations Industrial Development Organization (UNIDO) have started implementation of the Program for the Green Recovery of Ukraine’s Industry for 2024-2028. The solemn ceremony of signing the Program took place in Vienna on June 28, 2024. Nadiya Bighun, the Deputy Minister of Economy of Ukraine, signed the program on … Continue reading Ukraine and UNIDO signed the Program for Green Recovery of Ukraine’s Industry for 2024-2028

Comparison of mechanisms of compensation for damage caused by the war of the Russian Federation against Ukraine

Mechanism: Investment arbitrationGrounds Bilateral investment treaties with the Russian Federation, in particular, the Bilateral Investment Treaty between Ukraine and the Russian Federation, dated 27 November 1998, and international law. Type of damage to be compensated and assessment of damageDirect and indirect losses, i.e.: the full market value of assets affected by the actions of the … Continue reading Comparison of mechanisms of compensation for damage caused by the war of the Russian Federation against Ukraine

Ukrainian Laws in Wartime: Guide for International and Domestic Businesses

Ukrainian Laws in Wartime: Guide for International and Domestic BusinessesЗавантажити Content is provided for educational and informational purposes only and is not intended and should not be construed as legal advice. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee similar outcomes. For more information, please visit: www.bakermckenzie.com/en/client-resource-disclaimer. Source: … Continue reading Ukrainian Laws in Wartime: Guide for International and Domestic Businesses

Investment insurance

According to the Decree of the Cabinet of Ministers of Ukraine No. 388 dated April 19, 2024, the Export Credit Agency (ECA) is entitled to carry out insurance and reinsurance of military and political risks arising in the process of business activities provided by law. Special attention should be drawn to investment insurance, an important … Continue reading Investment insurance

Japanese project to improve trade routes towards Europe in Southern Ukraine

Among the countries of the G7, Japan stands out as a very generous partner of Ukraine, with a discreet style of communication regarding its investment projects in the country tormented by the Russian invasion. The important thing about the Japanese approach is an accurate preliminary study of the territory being invested in and the medium-long … Continue reading Japanese project to improve trade routes towards Europe in Southern Ukraine