UKRAINE: Force-majeure circumstances due to war in Ukraine.

Anzhela MAKHINOVA | UKRAINE | 2022-03-15

Anzhela MAKHINOVA

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The relevant official letter of the Ukrainian Chamber of Commerce and Industry is placed on this link: https://ucci.org.ua/en/press-center/ucci-news/protsedura-zasvidchennia-fors-mazhornikh-obstavin-z-28-02-2022. Initially the force-majeure circumstances will last for 30 days.

From the practical viewpoint, this means that the Ukrainian companies (agents, distributors, franchisees) may suspend performance under the relevant agreements referring to force-majeure circumstances.

 

Anzhela Makhinova, IDI Country Expert for Ukraine

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