KIEV, Oct. 24 – An August New York arbitration court ruling on the conflict between the shareholders in Kyivstar GSM - Russia's Alfa-Group and Norway's Telenor - cannot be ratified and enforced in Ukraine, the Pechersk District Court in Kiev on Oct. 5 declared, according to a press release by Alfa-Group subsidiary Storm Ltd.

According to the press release, the Ukrainian court ruled that the ruling by New York arbitration court cannot be enforced in Ukraine according to Ukrainian law and the International New York Convention on ratification and enforcement of foreign arbitration court rulings.