The Ukrainian Journal of Business Law

[https://pravosud.com.ua/?utm_source=PR&utm_medium=banner&utm_campaign=UJBL] Counse link ABSOLUTE LAW AGENCY 2 Katerinoslavskiy Boulevard, TBC BOSFOR, Office 610,, Dnepr , 49044 , Ukraine 32/2, Moskovskaya Street, BC ЂSENATORї, 4th floor Kiev, 01010, Ukraine Phone: +380 44 569 1211 Fax: +380 56 732 3863 absolute@absolute.com.ua www.absolute.com.ua ANTIKA Law Firm 12, Khreshchatyk street, 2-nd floor, Kyiv , 01001 , Ukraine Phone: +38 (044) 390 09 20 Fax: +38 (044) 390 09 21 office@antikalaw.com.ua www.antikalaw.com.ua/en Arzinger Senator Business Center, 32/2 Moskovska street, 10th floor, Kyiv , 01010 , Ukraine Phone: +38 (044) 390 55 33 Fax: +38 (044) 390 55 40 mail@arzinger.ua www.arzinger.ua Asters Leonardo Business Center, 14th floor, 19-21 Bohdana Khmelnytskoho St., Kyiv , 01030 , Ukraine Phone: +380 44 230 6000 Fax: +380 44 230 6001 info@asterslaw.com www.asterslaw.com DLF attorneys-at-law Torus Business Centre, 17d Hlybochytska Street, Kyiv , 04050 , Ukraine Phone: +380 44 384 24 54 Fax: +380 44 384 24 55 info@dlf.ua www.dlf.ua GOLAW 19B Instytutska Street, Office 29, Kyiv , 01021 , Ukraine Phone: +38 (044) 581 12 20 Phone: +38 (044) 581 12 21 Fax: +38 (044) 581 12 22 info@golaw.ua www.golaw.ua Ilyashev & Partners 11 Kudryavska Str, Kyiv , 04053 , Ukraine Phone: +38 (044) 494 19 19 Fax: +38 (044) 494 19 99 office@attorneys.ua www.attorneys.ua Inyurpolis law firm (ILF) 14-A †Skrypnyka Street, Kharkov , 61057 , Ukraine Phone: +38†(057)†728 00 00 Fax: +38†(057)†714 06 28 office@ilf-ua.com www.ilf-ua.com Konnov & Sozanovsky 23 Shota Rustaveli Street, Suite 3, Kiev , 01019 , Ukraine Phone: +380 (0) 44 490-5400 Fax: +380 (0) 44 490-5490 info@konnov.com www.konnov.com LCF Law Group 47 Volodymyrska street, Office 3, Kyiv , 01034 , Ukraine Phone: +38 (044) 455 88 87 Fax: +38 (044) 502 55 23 info@lcfgroup.com.ua www.lcfgroup.com.ua/en/ Sayenko Kharenko 10 Muzeyny Provulok, 7th floor, Kyiv , 01001 , Ukraine Phone: +380 44 499 6000 Fax: +380 44 499 6250 info@sk.ua www.sk.ua CURRENT ISSUE ( June 2019 ) In focus – International Trade Over the last couple of years we have observed an unprecedented turbulent trade environment around the globe. Given the rising wave of nationalism the main trading states follow political guidelines dressed up as scientific evidence. The issues of EU Ц Ukraine trade and investment relations, a new generation of FTAs, the ongoing trade war with the Russian Federation remain high on UkraineТs international trade agenda. Yet, being more forward thinking, we should anticipate events and be prepared for the outcomes of current tensions between the US and China and the growing level of protectionism across the world. Expert Opinion Overview of Potentially New Ukrainian Trade Laws Anton Sintsov As you probably know, Ukraine is going to revitalize trade remedy instruments. For the last two years, the community that is not indifferent to the Ukrainian trade Ч practicing lawyers, colleagues from the Ministry of Economic Development (MEDT), and business Ч has been following the progress of consideration by the Verkhovna Rada of three new draft laws in the field of trade protection that were developed by MEDT. New Trade Laws Ч anti-dumping, countervailing, and safeguard Ч are intended to update existing trade investigation procedures and introduce progressive international experience... In Re Trade Remedies for Ukraine Olena Omelchenko As a fully-fledged member of the World Trade Organization (WTO), Ukraine uses in a broad way the entire arsenal of trade remedies to defend its trade interests. Eleven years of WTO membership have given Ukraine a valuable opportunity to sharpen its skills in practical application of trade defense instruments, although transparency and simplification of procedures still remain an issue. Legal Regulation of International Trade for Non-Residential Companies in Ukraine Rostyslav Nykitenko In conditions of world economic cooperation, the presence of a foreign element in the economic sector of any state positively affects domestic and world markets. The involvement of non-resident companies in the Ukrainian economy is a very important element in building a well-developed and competitive state. In order to reflect the real picture of the business climate for non-residents in Ukraine since 2008, there is such an indicator as the Index of Investment Attractiveness of Ukraine (Index) according to the version of top managers of affiliated companies of the European Business Association... Hidden Restrictions on Imports of Pesticides: Possible Negative Consequences for Ukraine at the WTO Yaroslava Dorosh, ќleksandr Tereshchenko Core of the problem Article 4 of the Law of Ukraine On Pesticides and Agrochemicals bans the importing into the customs territory of Ukraine, production, trade, use and advertising of pesticides and agrochemicals before they have undergone state registration. Given that in many countries the vast majority of pesticides and agrochemicals are classified as dangerous goods, the preliminary registration requirement is a logical step, which exists in almost all EU and OECD jurisdictions. News Deals CMS advised ING AVELLUM acted as legal counsel to Dobrobut Cases Ukrnafta won case against Russia in international arbitration Court recognized PrivatBankТs nationalization as illegal Court canceled multimillion claims filed by State Fiscal Service against carrier UIA Court ordered Odessa Port Plant to pay USD 250 million to Ostchem † Draft Ukrainian Parliament approved introduction of common transit with EU countries Protection of rights of payment cards users to be stepped up Government submitted Draft Law On the Improvement of the Procedure on Licensing of Economic Activities Biznews Automotive Porsche fined EUR 500 million Transport Scandinavian Airlines to resume flights to Ukraine in autumn Competition AMCU allowed DTEK Naftogaz LLC to buy 2 more regional power distribution companies Banking & Finance NBU cuts discount rate NBU to strengthen FinTech support in Ukraine Capital Markets Ukraine to join international depository network for first time M&A Visa acquired Earthport † Law digest Auctions for УgreenФ energy manufacturers to be introduced in Ukraine Limit raised on dividend repatriation Government extended sanctions against Russia Government tightens up requirements of tour operators towards holidaymakers Cover Story Serious Concern UkraineТs trade policy is among the most sensitive areas of international cooperation due to its vivid geopoliti-cal flavor. These past years became truly turbulent for business and no less for those who shape policy. Ukraine might feel the consequences of ongoing tensions between global leaders, and also maintains its own trade war front with its northern neighbor, Russia. The state has, of course, been diversifying trade marketing efforts in favor of the EU and other markets around the globe. Anzhela Makhinova, partner of Sayenko Kharenko, explained her serious concerns, as in the absence of a working Parliament the business sector is deprived of efficient trade defense instruments for protecting do-mestic industry. At the same time, we talked about additional means available through membership in the WTO to protect the national interests in export markets, which are currently not being used to the full. Argument Possible Risks of Permanent Establishment in Connection with Service Purchase Svitlana Kovalska Cross-border trade has been increasing constantly, with both local companies and multinational corporations looking for ways to expand their trade approaching new markets and suppliers throughout the world. Crux Legal Digest Last month the UJBL editorial team monitored novelties of legislation as well as significant amendments and hot legal topics. In this section† our team has enlisted the help of experts to comment on some of them. Our latest digest includes†Resolution On Expanding the List of Goods Originating from Russia Prohibited for Import into the Customs Territory of Ukraine , several resolutions of the National Bank of Ukraine and the court decision on nationalization of PrivatBank. Another milestone was adoption of Law On Amendments to Certain Legislative Acts of Ukraine on Ensuring Competitive Terms of Production of Electricity from Renewable Sources . † Subscribe Subscribe to The Ukrainian Journal of Business Law right now and enjoy the most relevant issues on doing business in Ukraine on your device or in print. All this for just USD 9.99 a month. Sign In E-mail Password Remember Me Reset password Subscribe/Register HOME CURRENT ISSUE SUBSCRIBE & ORDER NEWS ANALYTICS SPONSORSHIP & ADVERTISING GET PUBLISHED EDITORIAL CALENDAR ARCHIVE CONTACT HOME CURRENT ISSUE SUBSCRIBE & ORDER NEWS ADVERTISE GET PUBLISHED EDITORIAL CALENDAR ARCHIVE CONTACT BANNER EXCHANGE Copyright © 2003-2017 by Yuridicheskaya Practika Publishing. All rights reserved.