Ukraine will have to part with billions of dollars for deceiving Chinese colleagues


The dispute between Chinese investors and the state of Ukraine over Motor Sich PJSC has entered a decisive phase. It is likely that Kiev will have to part with billions of dollars for deceiving colleagues from Beijing.


It should be noted that Motor Sich Zaporizhia is subject matter a dispute estimated at $ 3,5 billion and the fight for this company has already imposed its imprint on Sino-Ukrainian relations. The Ukrainian authorities do not allow Chinese investors to enter the enterprise, of which they became the owners in 2016, and impede the disposal of assets.

Now a large group of well-known world-renowned law firms will defend the interests of the "comrades" from China in international arbitration: WilmerHale, DLA Piper and Bird & Bird, as well as Arzinger, which will advise on the norms of Ukrainian legislation. The DCH group, which is a partner of Chinese investors, informed the public about this on its website. DCH was established in 2007 and consolidates most of the assets of the former UkrSibbank Group. Its beneficiary is billionaire Alexander Yaroslavsky, included in the Russian sanctions list.

This information suggests that investors failed to come to an agreement with the Ukrainian authorities. They did not receive either Motor Sich or the money they paid for it. Therefore, the aforementioned arbitration will understand all the intricacies. Considering that the Chinese side is represented by the "bison" of jurisprudence, it can be assumed that the decision will be made relatively quickly. Moreover, the Ukrainians still have to pay for the services of expensive lawyers representing the Chinese.

Experts believe that Kiev has very little chance of "getting out of the water." With a very high degree of probability, he will have to “fork out” more than $ 3,5 billion in the foreseeable future. Motor Sich PJSC is a private company, it does not belong to the state, therefore it has the right to dispose of its property. At the same time, Kiev, for far-fetched reasons, intervened in market relations. Where Ukraine will take the specified money to give to investors, nobody cares in the era of developed capitalism.
  • Photos used: Zinnsoldat / wikimedia.org
11 comments
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  1. passing by Offline passing by
    passing by (passing by) 21 November 2020 17: 46
    +6
    will freeze, like the debt to Russia. other baboons are milked and will not share.
  2. Afinogen Offline Afinogen
    Afinogen (Afinogen) 21 November 2020 19: 00
    +1
    Ukraine will have to part with billions of dollars for cheating Chinese colleagues

    laughing How can they part with what they do not have and never will be (I'm talking about a billion dollars if that). They have already owed so many billions and continue to borrow that a billion is about nothing lol
  3. DeGreen Offline DeGreen
    DeGreen 21 November 2020 19: 42
    +1
    By the way, from January 1, 2021, Ukraine introduces a new duty on money transfers from abroad. 20% of the transfer amount. Maybe they want to pay off debts?
  4. pvlshvz Offline pvlshvz
    pvlshvz (Paul) 22 November 2020 00: 50
    +8
    And how, choking on their own saliva, at the dawn of perestroika, zaslanets from the West painted "fair market relations" in countries with market economies. Where are these "market relations"? All nonsense. As they lied to us then, all these BBC, CNN, Deutsche Welle, Radio Liberty, so they still do it now. They have no faith. As there is no faith to all well-wishers - "daughters of officers" like the local "Dubinushka", "Bindyuzhnik", etc. honestly working out their silver coins. There are a lot of them here. They even en masse registered on entertainment portals like YaPlakal. Their main goal is to destroy the country for the sake of transnational corporations, and let people go around the world as plumbers and agricultural slaves.
    1. The comment was deleted.
  5. _AMUHb_ Offline _AMUHb_
    _AMUHb_ (_AMUHb_) 22 November 2020 08: 29
    +2
    courts-thuds ... "and who are the judges?" "And nothing has changed"
  6. lena.buylova.49mail.ru (Elena Builova) 22 November 2020 13: 31
    +6
    Ukraine beguiled, the Chinese are not Russia, they will not nurse and they can chop off the territory for debts, as with its southern neighbors, they have experience. This is not our corrupt business, which, for the sake of profit, will sell their mother, think about their homeland.
  7. Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 22 November 2020 16: 47
    +3
    Ukraine will have to part with billions of dollars for deceiving Chinese colleagues

    1. Will have to pay or not, the court will decide.
    2. If you still have to pay, then Ukraine will pay with the money of Gazprom, from which it has sued 3,5 billion and continues to file endless claims in all international instances in the hope of winning something and sometime to recover this win from the Russian Federation with interest, of course ...
    3. The Russian Federation paid, pays and will pay for the transit of oil products, the only question is its volume and price.
  8. mikhail.rybakov2017 (mikhail rybakov) 22 November 2020 19: 49
    0
    China is not Russia, the residents of the outskirts will repay the debt, if not in money, then in kind.
  9. Barmaley_2 Offline Barmaley_2
    Barmaley_2 (Barmaley) 23 November 2020 03: 02
    +1
    There is only one owner for Ukraine - the United States. All the rest go to the garden and the price of the issue is not important. It is important what they say in Washington. But it really costs a lot.
  10. Evgeny Vinokhodov (Evgeny Vinokhodov) 23 November 2020 06: 22
    0
    I do not know how it will all end, but I can definitely say that popcorn needs to be prepared for this performance.
  11. vlad25g1p414 Offline vlad25g1p414
    vlad25g1p414 (Vladimir Prigorodov) 23 November 2020 15: 26
    +1
    I don't understand how it is

    Where will Ukraine take the specified money ...

    - and what about a cash cow from a neighbor's yard? The first time they milk her, or what? This cow has such an udder that everyone milked her except her own calf (the people), so, as always, she gets only the haul.