Business news from Ukraine

Verkhovna Rada plans to allow forced seizure of property during war

The Verkhovna Rada intends to allow the forced seizure of property during the war.
The relevant bill No. 7605 “On Amendments to Certain Laws Regarding the Optimization of Certain Issues of Forcible Expropriation and Seizure of Property under the Legal Regime of Martial Law” was supported by the people’s deputies in the first reading (256 votes in favor) at the plenary session on Friday, MP Yaroslav Zheleznyak said (fraction “Voice”) in Telegram.
The bill proposes to allow the forcible seizure of equipment that can be used for the purposes of the military-industrial complex. Such actions are carried out on the basis of a decision of the National Security and Defense Council of Ukraine on a proposal agreed with the regional military administration.
The document provides that compensation for the alienated property is carried out at the expense of the state budget (within 5 subsequent budget periods).
According to the bill, movable and immovable property can be transferred to the management of the National Agency for the Detection, Search and Management of Assets Obtained from Corruption and Other Crimes (ARMA).

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The Verkhovna Rada may at the next plenary session consider the issue of appointing its Commissioner for Human Rights, Chairman of the Ukrainian Parliament Ruslan Stefanchuk said.
“I think that personnel issues will be raised there (at the next meeting of the Verkhovna Rada), in particular, I hope that the parliament will be able to appoint a new ombudsman… and Ukraine will get a normal and full-fledged ombudsman,” the speaker said on air of the #UA national telethon on Saturday.
At the same time, he noted that there is no other candidate in the parliament, except for the head of the parliamentary committee on human rights, de-occupation and reintegration of the temporarily occupied territories, national minorities and interethnic relations, Dmitry Lubinets (deputy group “For the Future”).
“The chairman of the Verkhovna Rada or 118 people’s deputies has the right to nominate (the candidature of the Ombudsman). Only I have exercised my right to nominate a candidate, so it will be entered into the hall, ”Stefanchuk specified.
Earlier, First Vice Speaker Alexander Kornienko explained that, according to legislative procedures, the Rada could vote for the appointment of a new Commissioner for Human Rights no earlier than the beginning of July.
As reported, the Verkhovna Rada dismissed Lyudmila Denisova from the post of her Verkhovna Rada Commissioner for Human Rights. The corresponding decision was supported by 234 people’s deputies at the plenary session on Tuesday. The Rada appointed her to this position on March 15, 2018.
Chairman of the Verkhovna Rada Ruslan Stefanchuk announced on June 21 that he proposed to appoint People’s Deputy Dmytro Lubinets (for the Maybutne group) to the position of Commissioner for Human Rights.
Dmitry Lubinets is a Ukrainian politician and lawyer, People’s Deputy of Ukraine of the 8th convocation (from the Petro Poroshenko Bloc) and the 9th convocation (outside parties). In 2019, he entered the Verkhovna Rada as a non-partisan self-nominated candidate in constituency No. 60 (Donetsk region) and became a member of the For the Future parliamentary group, which became a party on June 2, 2020.

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The Verkhovna Rada at a meeting on Friday adopted a law on the full guarantee by the state of deposits of individuals for the period of martial law and three months after its completion. According to the head of the committee Daniil Getmantsev in the Telegram channel, the law also establishes that subsequently the maximum amount of compensation on deposits will be UAH 600,000 compared to UAH 200,000 now.

In addition, the Rada adopted in the first reading bill No. 7233 amending the Tax Code and other laws regarding the collection of a single fee and accounting for denatured ethyl alcohol and chemical and technical products. The bill is aimed at providing favorable conditions for the production of denatured ethyl alcohol, bioethanol, chemical and technical products.


The Verkhovna Rada has passed a law on amending some laws regarding transparency in the extractive industries (bill No. 3790 of July 3, 2020).
Some 344 MPs voted for the legislative initiative by a number of MPs from various factions, in particular Andriy Zhupanyn and Ostap Shypailo (the Servant of the People faction).
The law was passed without discussion.
During the meeting, Zhupanyn urged to vote for the document, since it must be adopted by the beginning of next year. “We have already delayed the adoption of this law for a year. It is critically important to pass it before January 1,” he said.
As reported, according to an explanatory note to the bill, its main goal is to improve the provisions of law No. 2545-VIII dated September 18, 2018 on ensuring transparency in the extractive industries and the introduction of new requirements of the Extractive Industries Transparency Initiative (EITI), which Ukraine joined in 2013.
It is noted that the need to adopt amendments is caused by the introduction by the EITI Board of new standards in June 2019, in particular regarding the display of a gender aspect in the activities of companies, the provision of information on the impact of such activities on the environment, as well as the full disclosure of contracts for the use of subsoil resources concluded with the state starting from January 1, 2021.
Thus, in particular, a procedure for disclosing information on subsoil use is being clarified, including disclosing reports (consolidated reports) on payments to the state and information on concluded contracts, as well as production sharing agreements are made public after their state registration.
In addition, reporting for the amount of payments for carbon dioxide emissions is being introduced, and statements on the number of employees will have to be submitted with the determination of the number of employees of each sex. In addition, gender quotas are determined when forming the composition of the multilateral team for the EITI implementation.
At the same time, the terminology is being improved, the range of business entities subject to reporting is being clarified, measures are being determined to accelerate the preparation of an electronic reporting system for the submission and analysis of reports in the extractive industries, and the issue of companies’ liability for false information is resolved.


President of Ukraine to submit bill on multiple citizenship to Parliament

President of Ukraine Volodymyr Zelensky intends to submit to the Verkhovna Rada a bill on multiple citizenship for Ukrainians living in the countries of the European Union and the United States.
“An important component of our international policy is the support of world Ukrainianness. I know how important the issue of multiple citizenship is for Ukrainians living in the United States, Canada and the EU. Today I am submitting a relevant bill to parliament,” Zelensky said speaking in the Verkhovna Rada with his annual address on the internal and external situation of the country.
According to the president, this will for the first time allow Ukrainians from all over the world “to feel themselves not a diaspora, not just people of Ukrainian origin, but of Ukrainian citizenship.”



 The Verkhovna Rada at its meeting on Tuesday, with 302 votes, supported bill No.3504 on mediation at second reading. The bill defines the legal framework and procedure for mediation in Ukraine. In particular, the mediation procedure will be applied in any conflicts (disputes) arising in civil, family, labor, economic, administrative legal relations, as well as in criminal proceedings when drawing up agreements on reconciliation between the victim and the suspect, the accused, and other areas of public relations.According to the explanatory note to the document, individuals and legal entities can apply to a mediator for mediation both before going to court, the Arbitration Court, International Commercial Arbitration, and during judicial, arbitration or arbitration proceedings or during the execution of the decision of the listed courts.Mediation will be carried out by mutual agreement of the parties to the mediation in accordance with the principles of voluntariness, confidentiality, independence and neutrality, impartiality of the mediator.The status of a mediator can be obtained by any individual who has a higher education and has completed basic training in the are of mediation in Ukraine or abroad.

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