Ukrainian Foreign Minister Pavlo Klimkin expects the UN International Court of Justice to start hearing Kyiv's claim against Russia regarding violations of the International Convention for the Suppression of Financing of Terrorism before the end of 2016.

"An arbitration proceeding regarding the International Convention for the Suppression of Financing of Terrorism is due to begin this year," the minister told the press in Kyiv on Monday.

Speaking of the UN International Court of Justice's hearing on this claim, Klimkin said Ukraine was not expecting any problems.

"As to the convention, that situation is clear from the legal angle, because Russia has recognized jurisdiction of the UN International Court of Justice over a limited list of conventions, among them the Convention for the Suppression of Financing of Terrorism," the minister said.

Also, the investigative team tasked with identifying and indicting persons behind the Malaysia Airlines Boeing 777 crash in Donbas on July 17, 2014, comprising representatives of the Netherlands, Australia, Malaysia, Belgium and Ukraine will post initial results of its criminal inquiry in late September, the Ukrainian foreign minister said.

"You must have heard that our Dutch friends plan to publish the second part of the report on the Malaysian Boeing tragedy in late September. We will definitely keep that in mind," he said.

Klimkin also mentioned Ukraine's claim against Russia related to the Convention on the Elimination of All Forms of Racial Discrimination in the context of Crimean events.

There is another area of work of the Ukrainian authorities: "assistance to our Ukrainian companies which have lost their assets. A number of claims are being processed," he said.

"We have presented our formal stance on the temporary occupation of Crimea, and we are ready to represent it. Every arbitration court will naturally make its own decision, but in each case, in the case of either Ukrainian companies, Naftogaz or Ukrzaliznytsia, we will seek compensation for our companies which have lost their assets, have lost their income. These are the two levels we will continue to work on," Klimkin said.

The Ukrainian Foreign Ministry is closely interacting with legal counselors and international partners in this area to win at international courts, the minister said.