Practical guidance for avoiding disputes arising from commercial and investment activity
Article from: TDM 3 (2004), in Investor-State Disputes - International Investment Law
At first glance the current economic, legal and political situation in both Russia and Ukraine seems to preclude the establishment of profitable long-term business relations. But with proper pre-transaction planning, successful business deals are possible. Foreign businesses operating in such an environment are likely to encounter frequent and often intense disputes with their joint venture partners, agents, customers, suppliers, providers of land, buildings and regulatory approvals.