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Ukraine faces $400 million arbitration claim over Sense Bank nationalization, Vedomosti reports

Ukraine faces $400 million arbitration claim over Sense Bank nationalization, Vedomosti reports

Dutch special purpose entity E.M.I.S. Finance has filed an arbitration claim against Ukraine seeking to recoup $400 million in lost investments due to the nationalization of Sense Bank, former Alfa-Bank Ukraine, Russian business newspaper Vedomosti reported. Ukraine's government completed the nationalization of Sense Bank, the

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Ukraine seeks to nationalize Ferrexpo's Poltava mining plant

Ukraine seeks to nationalize Ferrexpo's Poltava mining plant

Ukraine's State Bureau of Investigation said on Thursday it is preparing, jointly with the Ministry of Justice, to submit an appeal at the High Anti-Corruption Court seeking to nationalize the Poltava mining and processing plant owned by Swiss-headquartered and London-listed miner and iron ore pellets maker Ferrexpo. In

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IMF, Ukraine start talks for 7th review of EFF loan program

IMF, Ukraine start talks for 7th review of EFF loan program

The International Monetary Fund (IMF) mission and Ukrainian officials on Thursday started discussions on the seventh review of the Extended Fund Facility (EFF) loan program. The purpose of the mission, which will continue over the next few days in Kyiv and Warsaw, is to discuss Ukraine's implementation of

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Ukraine to handle part of China's cargo heading to Europe, UZ official says

Ukraine to handle part of China's cargo heading to Europe, UZ official says

A portion of the cargo traveling along the Trans-Caspian International Transport Route, which links China and Europe, is expected to be routed through Ukraine, Tymofiy Murakhovsky, commercial and logistics director at state-owned Ukrainian Railways (Ukrzaliznytsia), stated on Wednesday. For this purpose, Ukrzaliznytsia plans to establish a subsidiary in Kazakhstan, the

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US and Russia to set up teams to work on ending Ukraine war

US and Russia to set up teams to work on ending Ukraine war

US and Russian officials on Tuesday agreed to appoint high-level teams as soon as possible to start paving the way to end the conflict in Ukraine in a manner that is "enduring, sustainable, and acceptable to all sides," the US State Department said. The statement came after a

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Ukraine signs free trade deal with UAE, expects growth in exports of metallurgical products, processed foods

Ukraine signs free trade deal with UAE, expects growth in exports of metallurgical products, processed foods

Ukraine and the United Arab Emirates (UAE) on Monday signed a comprehensive free trade agreement covering goods, services, investments, and digital economy, among others, Ukraine's Economy Ministry said. The so-called Comprehensive Economic Partnership Agreement (CEPA) provides Ukrainian goods full access to the UAE market for 96.6% of

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