Friday, December 27, 2024
spot_img
spot_img
HomeNewsGlobal NewsEU - Ukraine will recognise and enforce each other’s court decisions

EU – Ukraine will recognise and enforce each other’s court decisions

BRUSSELS, Belgium – The EU Council, today agreed to establish treaty relations with Ukraine in the framework of the Hague Convention on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (so called Judgments Convention).

Concluded in 2019, this Hague Convention is an international treaty that commits contracting states to recognise and enforce judgments handed down in civil or commercial matters in other states party to it.

“With this decision to recognise and enforce each other’s judgments the ties between the EU and Ukraine will only become stronger. ~ Gunnar Strömmer, Swedish minister for justice.

No obstacles to two-way recognition

In 2022, Ukraine ratified the Convention, under which treaty relations between Ukraine and the EU will be established on 1 September 2023 unless either of them objects to them.

European Union member states consider that there are no fundamental obstacles, such as related to the independence and efficiency of the judiciary, the fight against corruption or the respect of fundamental rights, which could prevent the EU from entering into treaty relations with Ukraine.

Today’s decision, therefore, clears the path for the EU to enter into treaty relations with Ukraine under the Judgments Convention. It will facilitate the recognition and enforcement of the EU’s and Ukrainian judgments in civil and commercial matters, making it an important instrument to facilitate international trade.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

IDB Invest – Blue like an Orange to advance sustainable development in Latin America

- The project will support companies in Brazil, Chile, Colombia, Mexico and Peru WASHINGTON, USA - IDB Invest announced a $15 million investment in the...

Global News

New £15 million government fund to help charities get spare produce to those in need

  LONDON, England – Thousands of tonnes of food, including festive favourites like brussels sprouts and potatoes, that might otherwise go to waste will...