Disputes - international: the ICJ gave Ukraine until December 2006 to reply, and Romania until June 2007 to issue a rejoinder, in their dispute submitted in 2004 over Ukrainian-administered Zmiyinyy/Serpilor (Snake) Island and Black Sea maritime boundary delimitation; Romania also opposes Ukraine's reopening of a navigation canal from the Danube border through Ukraine to the Black Sea
Illicit drugs: major transshipment point for Southwest Asian heroin transiting the Balkan route and small amounts of Latin American cocaine bound for Western Europe; although not a significant financial center, role as a narcotics conduit leaves it vulnerable to laundering, which occurs via the banking system, currency exchange houses, and casinos