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Nato Tskhakaya participated in the conference “Legal Challenges and Opportunities in the Era of Post-Sanctions and Counter-Sanctions”

Nato Tskhakaya participated in the conference "Legal Challenges and Opportunities in the Era of Post-Sanctions and Counter-Sanctions"
Russian entrepreneurs have adapted to the post-sanctions reality and continue their expansion into friendly foreign markets. For this reason, experts are predicting a boom in investment deals and international projects in 2025−2026. The sanctions regimes everyone has got used to are also changing: opportunities for unblocking assets have expanded, sanctions compliance is becoming more and more important, and counter-sanctions implementation rules have been updated. These and other topics at the intersection of law and economics were discussed by experts at the Pravo.ru conference on 14 March. Nato Tskhakaya, Partner and Head of Regulatory Practice at Asari Legal, took part in the conference. She moderated the first session, Chess Strategy: Protecting Rights in the Investment Field.

The topic of investor and issuer protection is of particular interest at the moment. There are two main reasons for this. Firstly, Russian businesses are expected to increase their investment activity, and they are ready to go international. Secondly, foreign companies are once again starting to look at Russia as a prospective market.

Although the economy has adapted to the sanction regimes, the secondary sanctions regime, which strongly affects medium and small businesses, remains an obstacle to effective development. At the same time, barriers within the domestic enforcement system make it difficult for foreign counterparties to interact with Russian companies.

The topic of including dividends in customs valuation was also discussed. In recent years this practice has become one of the thorniest issues for many importers.

Summing up the session, Nato Tskhakaya noted: "We're observing rapid changes and reshuffles on the geopolitical chessboard; these transformations pose new challenges to the law. Our session was able to foster an interesting, wide-ranging discussion on protecting rights in the field of investments — we talked about everything from amendments to Russian laws and regulations and secondary sanctions trends to the domestic stock market and non-trivial solutions for investment projects with Russian involvement".
Follow the link to read more about the conference