International Arbitration as an Indispensable Mechanism for Transforming the Ukrainian Energy Sector
Timur Bondaryev, Oksana Karel, Iurii Rybak
International arbitration has been widely used as a mechanism for resolving commercial disputes in Ukraine. In particular, one of the most notable spheres where Ukraine business made use of arbitration is the energy sector, where one can observe an upsurge of commercial disputes lodged in recent years. Obliquely, the driving force for the manifold use of arbitration in the Ukrainian energy sector was a substantial reformation of energy legislative framework that the Ukrainian Government conducted more recently.
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