Ruslan Lenivskyi: Legal framework for investment cooperation between Ukraine and PRC

Lenivskyi Ruslan

To ensure the proper functioning of the entire system of international economic relations, there is a set of legal norms, rules and procedures agreed between states and other subjects of international law. Until the 1980s, there was an internationalization of manufacturing, when national economies acted as centers that are developed independently. And at the turn of the century the formation of a new transnational systemic management of the world economy with its laws of legal regulation began.     

Ruslan Lenivsky: Investment law as a tool for bringing Chinese capital to Ukraine

 Lenivskyi Ruslan4

In 1998, while speaking at Washington University Law School, the Secretary of the State M. Albright shared the view that the global financial crisis required a focus not only on the rules governing international trade, but also on regulations governing economy within states. "It is clear that a lack of commitment to the rule of law in key countries has made the greatest contribution to the current crisis", - M. Albright summed up (American Journal of International Law. Vol. 93. 1999).

Huawei noted high reliability and professionalism of the group of companies "Ty i pravo"

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We thank our Chinese partner - Huawei - for the appreciation of our professional work! It is a great honor for us to receive the recognition of such a respected company. We have also deep hope for the successful continuation of our long-term cooperation in the future!

Ruslan Lenivsky: "My goal is to attract as much Chinese investment as possible to help Ukraine improve its economic situation and give China a sense of political stability here"

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This year, China became Ukraine's main trading partner. In the first quarter of 2019 alone, trade between the two countries increased by 35.1% (to $ 2.6 billion), and China's total foreign trade share of Ukraine reached 10.6% in early 2019. Thus, in the ranking of the countries with which Ukraine has the highest volumes of trade, China first outstripped Russia and took first place.

Today, the PRC continues to increase its investment projects in Ukraine. In particular, as of the beginning of the year, China made more than $ 18 million in total investments in Ukraine's economy.

What does the Chinese investor in Ukraine look for, and what is he afraid of, what legal partners does he trust and what should Ukraine do to increase its investment attractiveness?  - we discussed with Honored Lawyer of Ukraine, representative of the Chinese Embassy in Ukraine on legal issues and president of the Ukrainian-Chinese group of companies «Ty i pravo» by Ruslan Lenivsky.

The nuances and procedure of employment of Chinese citizens in Ukraine

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Ukraine is becoming more attractive to foreign professionals. In 2018, more than 7.5 thousand work permits for foreigners and stateless persons were issued by regional employment centers, and another 4.5 thousand permits were extended. Currently, the number of foreigners working under the relevant permits is 15.5 thousand. Among them, almost one thousand are citizens of the People's Republic of China.

"Ty i Pravo" Lenivskyi Group" award at the CCA

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On October 17, 2019, the company "Ty i Pravo" Lenivskyi Group" participated in a festive event organized by the Chinese Commerce Association to mark the 70th anniversary of the formation of the People's Republic of China.

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