Businesses Vs Sanctions This Autumn's Fruits

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aaliawilliam's picture

Businesses live their own life; and political Tesla Lighter Survival Tool Review benefits do not help international trading companies which are losing contracts due to restrictions issued by both sides. For example, according to Bloomberg's statistics, nearly 6,200 German companies continue operating there; and German-Russian trade maintains roughly 350,000 jobs in Germany. Regardless of Germany's position in this crisis, it is obvious that these companies do not support banning their trade.

However, some solutions are typically found for most problems, even the hardest ones. In case of a former restriction for its activity, a trading company can develop some legal ways to reform its business model in order to maintain its income or at least to minimize losses. This brings the need for lawyer's advice; and since not all businesses can afford in-house lawyers (which have to solve problems in different areas of legislation, in case of an international trading business), many of them have to seek help of independent ones.

Speaking about the particular situation with sanctions brought against Russia and the 'responding sanctions' imposed by Russia itself, companies with foreign ownership located in the country have been certainly put in danger. According to Russian state agencies' statistics, in 2014 businesses with complete or partial foreign ownership have been making about 15% of the total number of privately owned companies in the country. This autumn a law project was announced to be developed in Russian State Duma about forbidding Russian banks and other financial organizations to use audit or consulting services provided by such companies. It is not going to be completed soon and moreover it would affect only a part of the whole segment, yet it creates a troublesome trend in the country's legislative field.
 

 

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