Business discussion: “Sanctions and retaliation: how best to protect business?”
On 29 January 2015, the Council of the European Union voted to extend the economic sanctions introduced in March 2014. For sanctions imposed on a number of individuals and legal entities, the term has been extended to September 2015; EU sectoral sanctions will remain in effect until 31 July 2015. In addition, the raft of sanctions introduced by the USA continues to be enforced. As a retaliatory measure, the decree “On the implementation of special economic measures to ensure the security of the Russian Federation” was signed on 6 August 2014. The introduction of sanctions and retaliatory measures has pressed upon entrepreneurs the need to assess the attendant risks for business and develop safeguarding procedures. A year after they were first enacted, we are proposing a discussion on the experience of working under these sanctions.
The business discussion will take place on 5 March 2015 (Thursday), from 10:00 to 12:30, at the Firm’s St. Petersburg office (24 Nevsky Prospekt, 4th floor).
Participants in the business discussion will consider:
- The current situation and recent trends with respect to the application of sanctions: how to interpret the rules
- The nature and peculiarities of sectoral sanctions
- Additional measures taken by individual countries to restrict cooperation with Russia and how they are implemented
- Is it possible to bypass the restrictions on trade through a third-party state?
- Protective clauses for international trade contracts and effective implementation
- Initial results of contesting sanctions within state entities
Speakers:
- Ivan SMIRNOV, Managing Partner of the St. Petersburg office of the Firm
- Evgeny GURCHENKO, Senior Associate in the Litigation Practice at the St. Petersburg office of the Firm
- Alexey KARCHIOMOV, Associate of the Maritime Shipping/Transport Law Practice at the St. Petersburg office of the Firm
- Elena LEGASHOVA, Head of Defamation and International Trade and Customs Practices at the St. Petersburg office of the Firm
Participation is free. Participants must register in advance.
The event is focused on the Russian and foreign companies, whose activities may be directly or indirectly affected by the sanctions, including major importing companies.*
Contacts: e-mail: events@epam.ru; phone: +7 (812) 322 96 81 (Yulia Medvedeva; Alena Matveeva).
*The event is closed to representatives of law firms, lawyers in private practice and consulting companies.
**The event program and speakers are subject to change.
