Shareholder of Motor Sich PJSC, Chinese Beijing Skyrizon Aviation Industry Investment Co. considers the sanctions imposed by Ukraine against Skyrizon and related persons for three years to be unreasonable and calls them the main goal of preventing investments in Motor Sich.
Skyrizon, as a shareholder of Motor Sich, will be unlawfully deprived of its legal rights, obligations and commitments, and the company will also be forced to interrupt the generally accepted business relationship with the Ukrainian Motor Sich company, which will entail huge irreversible losses, the company said in a statement on the website, created to attempt to hold a meeting of shareholders of PJSC on January 31, which turned out to be unsuccessful.
Skyrizon also believes that such actions by Ukraine coincide with the goal of the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce, which on January 14 this year put Skyrizon on the Military End-User (MEU) List.
The state of Ukraine rejected the results of the previous negotiations and completely ruled out any possibility of reconciliation between the two sides, the company said.
Skyrizon said that, starting in July 2017, it began negotiations with the state of Ukraine in the hope of “settling misunderstandings and amicably resolving the investment dispute,” but on December 9, 2020, it began international investment arbitration against Ukraine and has already received an official response. “The parties are negotiating and plan to participate in the arbitration process,” the company said.
The Chinese company also said that on January 13, it succeeded in challenging the refusal of an investigator from the State Bureau of Investigation to recognize Skyrizon as an injured party in the Pechersky District Court on January 13 in the case initiated early November last year on its complaint against the SBU.
According to the company, such actions on the part of Ukraine may scare off other potential investors and worsen the situation in the aircraft industry.
Ukraine is open to negotiations on trade liberalization with Serbia, Albania and Bosnia and Herzegovina, Deputy Minister of Development of Economy, Trade and Agriculture, Trade Representative of Ukraine Taras Kachka has said.
“We have a free trade area with part of the region’s countries through the Ukraine-EU Association Agreement. We have bilateral free trade area agreements with North Macedonia and Montenegro. And we are always open to talks about trade liberalization with Serbia, Bosnia and Herzegovina and Albania,” the trade representative wrote on Facebook.
In Ukraine, as of Monday morning, 2,030 new cases of the coronavirus disease COVID-19 were recorded, with 5,131 people reported as recovered, and 61 patients died, said Minister of Health of Ukraine Maksym Stepanov.
“Some 2,030 new cases of coronavirus disease COVID-19 were recorded in Ukraine as of February 1, 2021. In particular, 71 children and 65 health workers fell ill. Also, over the past day, 1,103 people have been hospitalized, 61 deaths have been recorded, and 5,131 people recovered,” wrote Stepanov on his Facebook page on Monday morning.
The opening of the first five-star Sheraton hotel in Kyiv is scheduled for 2021.
“In 2021, Sheraton Hotels will continue on its transformation journey, with the brand expecting to showcase new guest experience programs and complete renovations in locations including Nashville, the United States; Toronto, Canada; Nice, France; Kyiv, Ukraine; and Xi’an, China,” according to a press release posted on January 28 by PRNewswire.
As reported, earlier in September 2020, the Board of Directors of the U.S. International Development Finance Corporation (DFC) approved the allocation of $27 million for building Sheraton Hotel in Kyiv.
The construction of the five-star Sheraton Kyiv Olympiysky hotel in the territory of the Olympiysky Stadium is being carried out by Construction Investment Company TM, which signed a hotel management agreement with the hotel operator Marriott Hotels & Resort.
According to the company’s website, Sheraton Kyiv Olympiysky is a 14-storey building with 196 rooms, 178 of which are standard rooms and deluxe rooms, 15 luxury rooms, two rooms for people with disabilities and one presidential room. The infrastructure includes an underground parking for 144 cars.
Construction Investment Company TM was founded in 2004, and its core business is construction of residential and non-residential buildings.
According to the unified public register, the founders of the company as of January 2021 were Telmox Limited LLC (50.5%), Wayall Limited LLC (35.5%) and Ihor Tarasulov (14%).
The charter capital is UAH 5 million.
President of Ukraine Volodymyr Zelensky has reported on the fulfillment of his election promise: this year Ukrainians will be able to get an affordable mortgage for housing at 7%.
“We promised to do everything in the program to make young Ukrainian families have a headache from just one question: what to choose – an apartment in the city or a country house,” the head of state recalled in a video message posted on his Facebook page on Friday morning. He noted that an important step has been taken this week on the way to this – the mortgage available for Ukrainians was launched at 7% per annum.
He noted that an important step has been taken this week on the way to this – the mortgage available for Ukrainians was launched at 7% per annum.
“I think this is a great victory. When someone tells you that in his time the indicators in the country were higher, he is not lying in this sense. Because two years ago the average mortgage rate in Ukraine was 21%. Now it will be seven. And already this year, Ukrainians – and, by the way, this applies not only to young families, but also to all our citizens – and so, this year they will be able to get an affordable mortgage for housing at 7%,” Zelensky said.
Ukraine has registered 5,181 new cases of COVID-19, 11,310 recoveries, and 128 deaths in the past 24 hours, Ukrainian Health Minister Maksym Stepanov said.
“Ukraine recorded 5,181 new COVID-19 cases on January 29, 2021. In particular, the virus was contracted by 218 children and 212 medical workers. Over the past day, 1,916 persons have been hospitalized, 128 have died, and 11,310 have recovered,” Stepanov said on Facebook.
Since the beginning of the pandemic, 1,211,593 people have been diagnosed with COVID-19 in Ukraine; 22,479 of them have died and 1,003,341 have recovered to date.
