Business news from Ukraine

Business news from Ukraine

UKRAINE ENTERS ADVISORY CENTRE ON WTO LAW

2 September , 2021  

Ukraine has entered the Advisory Centre on WTO Law (ACWL), the Ministry of Economy said.
“On August 28, 2021, the protocol on Ukraine’s accession to the agreement on the establishment of the ACWL entered into force, our country has officially become a member of this international organization and can use its services,” the ministry said on the website on Monday.
The Ministry of Economy noted that membership in the center provides an opportunity to receive free legal advice on WTO law and free training services, as well as legal assistance during the resolution of disputes within the WTO for a lower fee than a fee to law firms on a commercial basis (with a 40% discount to the established hourly base rate).
The Advisory Centre on WTO Law is an international organization founded in 2001 to provide legal assistance to developing countries. The Consulting Center includes 12 developed countries and 39 WTO members that are developing. The Verkhovna Rada ratified the corresponding protocol on June 15, 2021.

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