Ruslan Lenivskyi presented Ukraine at an international conference in China

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Legal risks of international investment and ways to protect them - the leading topic of the International Conference on Legal Risks and Countermeasures of International Investment and Trade, held on 27 and 28 August 2018 in Beijing.

Leading delegates, scholars and experts from all over the world were invited to speak and discuss. Ukraine was represented at the event by the Honored Lawyer of Ukraine, the owner of the Leninsky Group of Companies "Ty and Pravo" - Ruslan V. Lenivsky.

Participants from all over the world discussed important issues in protecting international investment, providing international guarantees of China's foreign economic activities around the world and legal risks for Chinese investors.

Delegates paid special attention to the issue of legal provision of investments in the countries along the project "One Belt, One Road". In particular, the discussion continued on the issues of legal guarantees for the construction of the "One Belt, One Road" project and the peculiarities of the strengthening of international cooperation between the participating countries. Investments into the regions of Asia and Oceania have increased. Only in 2017, China invested more than $ 38 billion. China's favorites in the region are Australia and Southeast Asia, where China invests the most. The issues of China's international relations with Malaysia and Sri Lanka were also explored and analyzed the issues of offshore companies.

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From 2005 to 2017, Chinese firms invested $ 324 billion in Europe, accounting for almost one third of China's total foreign direct investment. The largest (238.2 billion dollars) of these investments were concentrated in the UK, Switzerland, Russia, Italy, France and Germany.

In Africa, beside direct investment, China is also one of the world's largest providers of financing for the development of the region. Development assistance is crucial for strengthening Beijing's interests. Thus, from 2000 to 2014, China financed 2390 projects across Africa totaling $ 121.6 billion (for comparison, the total amount of assistance offered by the United States to Africa for the period from 2000 to 2014 was $ 100 billion).

In recent years, China has expanded its investment focus from resources and raw materials to strategic acquisitions aimed at increasing the competitiveness of the Chinese goods and companies market. For example, in the field of logistics. Thus, in the period from 2012 to 2017, Chinese firms invested 50.81 billion dollars in European and North American transport sectors, which is almost five times more than in the previous five-year period.

Chinese investors have become more interested in diverse projects in sectors and the Ukrainian economy - in particular, logistics, e-commerce, science and technology, infrastructure, agriculture, finance, nuclear and renewable energy.

Ruslan Lenivskyy at China Legal Exchange Center.MP4 snapshot 00.34

As Ruslan Volodymyrovych Lenivsky said in his report, investing in Ukraine for China is attractive both in terms of profitability and territory - because of the proximity to the markets of the European Union. Also, it is a great opportunity for Ukraine to grow its position on cooperation and in world markets, it is participating in the project "One Belt - One Road".

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Such perspectives demand from Ukraine not only adapted legislation, but also readiness to solve potential disputes with investors. An important step in this direction was the recent signing of a Memorandum of Cooperation between the Ukrainian Group of Companies of Lenivsky Ty and Right and the China Legal Exchange Center, the largest Chinese legal center, on August 27, 2018 in Beijing. Read more about this here: Memorandum of Mutual Cooperation with China Legal Exchange Center

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