In spite of political instability, the Ukrainian economy is ripe for foreign investment. Having over 36 million residents (1) and borders with Belarus, Poland, Slovakia, Hungary, Moldova, and Romania, this region can be an excellent strategic choice from a geographical as well as financial perspective. A significant percentage of the Ukrainian economy is driven by agriculture, manufacturing, and energy sectors, which is why the government is attempting to diversify the economy to attract foreign investors.

Ukraine is experiencing a burgeoning economy, leading to more companies starting up and doing business there. Regardless of whether you are a domestic Ukrainian company or an international company expanding into this region, you must think carefully about how the legal system of the country may affect dispute resolution.