Now detained on suspicion of aiding Moscow in its aggression against Ukraine, the longtime head of a prominent Ukrainian aircraft engine maker is a Russian citizen, a Schemes investigation has found.
Some Chinese investors are no longer willing to put up with Ukraine’s politicization of commercial projects and have moved to take legal actions, after the country imposed sanctions on Chinese investors, while expropriating their investments over unfounded excuses.
Chinese Skyrizon Filed a Lawsuit Against Ukraine in Arbitration in The Hague oreanda.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oreanda.ru Daily Mail and Mail on Sunday newspapers.
Ukraine: Imposition of new set of Sanctions Affecting Chinese Investors, Media Companies and other parties
Between 28 January and 2 February 2021, the president of Ukraine enacted1 three decisions of the National Security and Defense Council of Ukraine imposing personal special economic and other restrictive measures.
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1 three decisions of the National Security and Defense Council of Ukraine (“
Sanctions Decisions“) imposing personal special economic and other restrictive measures (sanctions).
The Sanctions Decisions target the following parties:
Chinese nationals Wang Jing, Du Tao, Cheng Huisheng and companies Skyrizon Aircraft Holdings Limited, Hong Kong Skyrizon Holdings Limited, Beijing Skyrizon Aviation Industry Investment Co. Ltd., Beijing Xinwei Technology Group Co. Ltd. and Twinstar Holdings S.A. (“