The Verkhovna Rada of Ukraine adopted the Law "On Ratification of the Protocol between the Cabinet of Ministers of Ukraine and the Government of the Republic of Moldova on Amendments to the Treaty between the Government of Ukraine and the Government of the Republic of Moldova on Mutual Recognition of Rights and Regulation of Ownership Relationships of 11 August 1994"

05 October 2011, 10:55

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The Law presents a new version of the clause of the said Treaty, whereby each Party recognizes ownership rights of the other Party concerning enterprises and other property located in its territory which were under the jurisdiction of the Union Republic Ministries as of December 1, 1990. It shall simplify regulation of ownership rights of Ukraine to the part of Dniester Hydropower Dam and buffer hydraulic power system and ownership rights of the Republic of Moldova to the Pervomaisk granite-ballast quarry and Chernivetskyi gravel-sand pit which were under jurisdiction of the Union Republic Ministries as of December 1, 1990.

 

The draft is registered under Reg. No. 0196.