Pivot East: Legal Support for Mutual Investments

In 2021, Russia increased its trade with China and South Korea more than any other country save one. Trade between China and Russia was valued at USD 146.887 billion – a 35.8% increase compared to the year before. And in the first 9 months of 2021 alone, trade with South Korea grew by 60%, reaching a record USD 30 billion by the end of the year. In 2019, Russia was named one of the ten leading countries in EY’s European Attractiveness Survey, resulting in a 3.5-fold growth in direct investment in Russia. This trend continued in 2021, with direct investment in Russian companies reaching USD 30.7 billion – a 3.8-fold increase. Over the last few years, Russia has done much to expand cooperation with its eastern neighbours. There are numerous examples of significant investment projects which have benefitted from government support from the three nations. And in light of the current situation, Russia has every chance to boost cooperation with China and South Korea in 2022.
• Legal regulation of foreign investment in Russia. Current mechanisms and new initiatives by the Russian government.
• Sanctions and their impact on the investment climate: restrictive measures, or new opportunities?
• Financial settlements and currency restrictions: to what degree are these factors critical with regard to investment, imports, and exports? What are the prospects for making transactions in national currencies?
• Legal guarantees and protecting the interests of foreign businesses in an era of change.