The Ministry of Economic Development and Trade of Ukraine announced creation of a working group on developing of a model for ad hoc arbitration regulation in Ukraine. The efforts of such working group will result in preparation of a draft law to be submitted for adoption by the Parliament by the end of 2015. 

The draft law will lay the basis of ad hoc arbitration regulation. In particular, it was stated that provisions on use of English language in the arbitral proceedings, the list of arbiters (mostly foreign experts) and mechanism for implementation of interim measures imposed by the arbitral tribunal will be included in the draft law.