Ukraine minerals deal: the contours of a bargain and the legal framework for implementation

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Synopsis:

• The geopolitical significance of the signature and ratification of the “minerals deal”
• Synopsis of the legal instruments, evolution of the key terms throughout the negotiations
• Practical uncertainties regarding the implementation
• Ukraine’s legal framework for the use, extraction and exploitation of subsoil natural resources, the amendments needed to implement the “minerals deal”
• Ukraine’s prior experience with production sharing agreements
• Multinationals’ perception of business opportunities opened by the “minerals deal”
• Other capital-importing and resource-rich countries’ experience with production sharing agreements