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Russian Foreign Ministry believes that relations with Ukraine will eventually be restored
The Ministry of Foreign Affairs of Russia has no doubts that Ukraine and Russia will eventually come to the restoration of full-fledged ties between the two countries and peoples. The Ministry made the statement on the occasion of the 20th anniversary of signing the Treaty on Friendship, Cooperation and Partnership between the Russian Federation and Ukraine.
"Concluding this treaty in 1997, the leaders of Russia and Ukraine were determined to have close cooperation and a deeper relationship. …
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Ukraine confiscates Gazprom’s joint venture shares
Ukraine seized the shares of Gaztransit (Kyiv), Private Joint-Stock Company owned by the Russian Gazprom, as reported in Gazprom’s quarterly report.
“On May 12, 2017, Gazprom PJSC received through the representative office of Gazprom PJSC in Kyiv resolutions of the Department of the State Executive Service of the Ministry of Justice of Ukraine on the opening of the enforcement proceedings in the amount of UAH 189.13 billion ($7.20 billion USD), including the amount of the execution fee of UAH 1 …
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Poroshenko: This is the first time that Russia is unable to use gas as an instrument of political leverage and blackmail
Ukrainian President Petro Poroshenko welcomed the judgment of the Stockholm Court of Arbitration in the case of Naftogaz of Ukraine against Gazprom.
Earlier, the Stockholm Court of Arbitration fully satisfied the claims of Naftogaz to Russia's Gazprom under the gas supply contract with Ukraine from 2009 on a ‘take or pay’ basis. The Ukrainian state company won the largest commercial dispute.
The head of state noted that according to this judgment, the "take or pay" provision was cancelled and …
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Ukraine is building its own ammunition factory
Two ammunition production lines have already been built in Ukraine. The construction of these production lines was completed by the TASKO Corporation, which united more than 25 military companies and design bureaus, as stated by the Corporation President, Valeriy Pavlyukov.
"We are building an ammunition factory, we have been working on it for 10 years, fully funding it at the expense of our current assets. We have just finished two production lines where we can manufacture ammunition. Before …
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The Stockholm arbitration tribunal rejected the claims of Russia's Gazprom against Naftogaz of Ukraine
The claims of Gazprom against Naftogaz of Ukraine regarding the take-or-pay condition were completely abolished, as reported to Interfax-Ukraine by the press service of the Ukrainian state-owned holding company citing the head of Naftogaz, Andriy Kobolyev.
The press service also reported that the arbitral tribunal under the auspices of the Arbitration Institute of the Stockholm Chamber of Commerce satisfied the demand of Naftogaz of Ukraine concerning the price revision in the contract for gas …