International trade in wartime - A voice from Ukraine

The enduring war against Ukraine and the sanctions adopted by EU on Russia are having a significant impact on economies and international trade, reverberating through multiple channels: restrictive measures on imports and exports of goods - in particular on energy and luxury products -, tax, contracts and arbitration, pushing CEOs to implement new strategies, relocating their international activities, workers and suppliers. Moreover, the martial law in effect in Ukraine since the start of the war is hardly affecting business activity.

After a general overview of the various areas hit by the crisis, it will be given an insight of the recent changes introduced by the martial law and their major implications on commercial agreements and supply chains.

PROGRAMME

3.00pm – 3.05 pm Welcome speech

Ettore Pietrabissa | Chairman of ICC Italia

Barbara De Donno | Secretary General at ICC Italia

3.05pm – 3.15pm Institutional remarks

Manlio Di Stefano | Undersecretary of State MAECI

Eleonora Lopez | First Secretary Head of the Economic, Trade & Press Office Embassy of Italy to Ukraine

Tetyana Denysenko | Third Secretary (economic issues) of the Embassy of Ukraine in Italy

Mykhaylo Vovchyk | Representative ICC Ukraine

3.15pm – 4.00pm Conducting business in Ukraine at wartime

- Sketching out major martial law-induced changes

Hennadiy Voytsitskyi | Baker McKenzie Kyiv

- Navigating wartime tax/customs landscape: looking into incentives and addressing bottlenecks

Roman Koren | Baker McKenzie Kyiv

- Martial law: implications for commercial agreements and supply chains

Hanna Smyrnova | Baker McKenzie Kyiv

4.00pm – 4.10pm The short and long term impact of the war on international trade tax issues for companies restructuring their businesses and individuals relocating elsewhere

Paolo de’ Capitani di Vimercate | Studio Uckmar Ass.ne Prof.le | Chair of the Taxation Commission at ICC Italia

4.10pm – 4.20pm The sanctions imposed on Russia by the EU - general overview

Nicolò Sartore | Studio Armella e Associati

4.20pm – 4.30pm Contractual issues triggered by the war and by sanctions and countersanctions (e.g., breach of contract due to force majeure)

Marco Padovan | Studio Legale Padovan | Member of the CLP Commission at ICC Italia

4.30pm – 4.40pm The effects of recent economic sanctions on International Commercial Arbitration

Maria Beatrice Deli | D|R Arbitration & Litigation | Coordinator of the Commission on Arbitration at ICC Italia

4.40pm – 5.00pm Q&A