Time: 16:00 (Helsinki time)
In 2020, Russian regulators made further steps at creating an attractive regime for doing business. According to the World Bank, Russia has improved its business climate (it climbed three places and now ranks 28 out of 190 countries). At the same time, foreign investments in Russia plummeted. The flow of foreign direct investment in Russia has decreased 96% in 2020 ($1.4 billion in 2020 compared to $29 billion in 2019). This trend partly reflects the global decline of foreign direct investments on 42% in 2020 influenced by the COVID-19. In 2020, Russian legislation introduced new measures aimed at easing the life of foreign investors. The measures ranged from substantive law changes to shaping a new regime for dispute resolution. The experts will talk about the current trends in regulations affecting foreign investment in Russia, including the introduction of Agreements on protection and encouragement of investments into Russian Law, and the arbitration reform.
Leonid Kropotov, PhD, Legal Director at DLA Piper
Leonid is a legal director at international law firm DLA Piper. He has over 15 years’ experience in handling cross-border disputes (both litigation and arbitration) and M&A transactions. Leonid is an author of a monography on investments and a series of articles on international arbitration. He is holding PhD in Law from St. Petersburg State University and teaches there a post-graduate course and a master program on resolution of international disputes, investments and M&A.
Vladimir Talanov, Counsel at Egorov Puginsky Afanasiev & Partners
Vladimir is a Counsel at Egorov Puginsky Afanasiev & Partners Law Offices. He is a recognized expert in international trade law and provides clients with support in structuring international investment projects. Vladimir took part in developing a number of federal laws, including the Federal Law “On Industrial Policy in the Russian Federation” and the Federal Law “On Protection and Encouragement of Investment in the Russian Federation”. Alongside his law practice, Vladimir teaches at the National Research University “Higher School of Economics” and St. Petersburg State University, where he lectures on public international law, international trade, cross-border dispute settlement and regional economic integration.