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SECTION VII.
SETTLEMENT OF DISPUTES


Article 26.
Procedure of the Settlement of Disputes

Disputes between foreign investors and the state on issues of state regulation of foreign investments and the activities of enterprises with foreign investments shall be subject to consideration in courts of Ukraine unless otherwise specified by the international treaty to which Ukraine is a party.

All other disputes shall be subject to consideration in courts and/or arbitration courts of Ukraine or, upon agreement of the Parties, in conciliatory courts including foreign courts.

Article 27.
Final Provisions

To recognize as invalidated:

The Law of Ukraine "On Foreign Investments" (Vidomosti Verkhovnoyi Rady Ukrainy, 1992, No. 26, p. 357);

The Decree of the Cabinet of Ministers of Ukraine "On the Regime of Foreign Investments" of May 20, 1993, No. 55-93 (Vidomosti Verkhovnoyi Rady Ukrainy, 1993, No. 28, p. 302);

The Law of Ukraine "On the State Program of Encouragement of Foreign Investments in Ukraine" (Vidomosti Verkhovnoyi Rady Ukrainy, 1994, No. 6, p. 28)

President of Ukraine L. Kuchma

March 19, 1996




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Last modified: Son Jul 29 10:21:55 CEST 2001