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ICC to cut arbitration costs for investors in Ukraine's reconstruction, works on 2nd Black Sea Grain Initiative

Photo by Tingey Injury Law Firm / Unsplash

The International Chamber of Commerce (ICC), the world's largest business organization, will lower the costs of its arbitration court for foreign investors involved in reconstruction-related disputes in Ukraine, ICC Secretary General John Denton said.

"The big issue for a foreign investor is clear access to dispute settlement," Denton said Thursday at the Kyiv International Economic Forum, the Kyiv Independent reported. "We want to encourage more investment to support the economic front."

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