The First Russia-China Legal Forum Takes Place

On April 15, Andrey Prokhorovich, Founder and Managing Partner of Eurasia Development Group (ED Group), took part as an expert in panel and business sessions at the first Russia-China Legal Forum, organized by the law firms Ingvarr and Zhong Yin.

Eurasia Development Group was also represented at the forum by Fedor Martynov, Project Manager at ED, and Alexandra Tkachenko, Analyst at ED.

The event was supported by the National Coordination Center for International Business Cooperation, the Institute of China and Contemporary Asia, the magazines Legal Insight and Business of Russia, and the RSPP Business School.

ED Group Managing Partner Andrey Prokhorovich took part in the sessions “Is It Easy to Pivot East?” and “Investment Cooperation.” He discussed various trade and technology transfer models, the specifics of cooperation with China, and mechanisms for investing in China’s technology market and other financial instruments.

Kirill Babaev, Director of the Institute of China and Contemporary Asia of the Russian Academy of Sciences and President of the National Coordination Center for International Business Cooperation, outlined the main challenges facing Russia-China business cooperation: insufficient knowledge of each other’s markets, settlement difficulties, limited investment and localization of Chinese businesses in Russia, a lack of the necessary logistics infrastructure for overland freight transportation, and the need to simplify customs procedures at the border.

Pavel Troshchinsky, Head of the Center for Political Studies and Forecasting at the Institute of China and Contemporary Asia of the Russian Academy of Sciences, noted that Russia had previously focused primarily on cooperation with the West, resulting in a current shortage of personnel and expertise required to work effectively with China.

He also highlighted several features of Chinese business culture. Successful project implementation requires engagement at multiple levels within a company, while knowledge of Chinese business protocol is also essential.

Harvey Yang, Senior Partner at Zhong Yin, spoke about operating in China’s free economic zones, the specifics of M&A transactions, the establishment of foreign-invested joint ventures, and ways for foreign investors to gain access to public securities markets.

He also drew the Russian audience’s attention to the key role of interpreters and trusted intermediaries in Russia-China business relations, while emphasizing the importance of communication with Chinese government authorities in overcoming transaction costs.

Kirill Kamenev, Deputy CEO for Investment Attraction at the Far East and Arctic Development Corporation, said that 49 projects worth $9.6 billion were currently being implemented in the region, while $100 billion worth of projects had been structured over nine years.
The Corporation is successfully developing advanced special economic zones, whose residents include companies with Chinese investment.

Zhong Yin is one of China’s oldest law firms, with offices in more than 40 cities and over 2,300 lawyers as of 2022. The event was supported by the National Coordination Center for International Business Cooperation, the Institute of China and Contemporary Asia, the magazines Legal Insight and Business of Russia, and the RSPP Business School.
ED Group Managing Partner Andrey Prokhorovich took part in the sessions “Is It Easy to Pivot East?” and “Investment Cooperation.” He discussed various trade and technology transfer models, the specifics of cooperation with China, and mechanisms for investing in China’s technology market and other financial instruments.
Kirill Babaev, Director of the Institute of China and Contemporary Asia of the Russian Academy of Sciences and President of the National Coordination Center for International Business Cooperation, outlined the main challenges facing Russia-China business cooperation: insufficient knowledge of each other’s markets, settlement difficulties, limited investment and localization of Chinese businesses in Russia, a lack of the necessary logistics infrastructure for overland freight transportation, and the need to simplify customs procedures at the border.
Pavel Troshchinsky, Head of the Center for Political Studies and Forecasting at the Institute of China and Contemporary Asia of the Russian Academy of Sciences, noted that Russia had previously focused primarily on cooperation with the West, resulting in a current shortage of personnel and expertise required to work effectively with China.
He also highlighted several features of Chinese business culture. Successful project implementation requires engagement at multiple levels within a company, while knowledge of Chinese business protocol is also essential.
Harvey Yang, Senior Partner at Zhong Yin, spoke about operating in China’s free economic zones, the specifics of M&A transactions, the establishment of foreign-invested joint ventures, and ways for foreign investors to gain access to public securities markets.
He also drew the Russian audience’s attention to the key role of interpreters and trusted intermediaries in Russia-China business relations, while emphasizing the importance of communication with Chinese government authorities in overcoming transaction costs.
Kirill Kamenev, Deputy CEO for Investment Attraction at the Far East and Arctic Development Corporation, said that 49 projects worth $9.6 billion were currently being implemented in the region, while $100 billion worth of projects had been structured over nine years.
The Corporation is successfully developing advanced special economic zones, whose residents include companies with Chinese investment.
Zhong Yin is one of China’s oldest law firms, with offices in more than 40 cities and over 2,300 lawyers as of 2022.
The joint Ingvarr–Zhong Yin practice specializes in cross-border mergers and acquisitions, joint ventures, restructuring, corporate governance, fundraising, commercial activities, foreign trade, and dispute resolution in international commercial arbitration, including in mainland China and Hong Kong.TheThe event was supported by the National Coordination Center for International Business Cooperation, the Institute of China and Contemporary Asia, the magazines Legal Insight and Business of Russia, and the RSPP Business School.
ED Group Managing Partner Andrey Prokhorovich took part in the sessions “Is It Easy to Pivot East?” and “Investment Cooperation.” He discussed various trade and technology transfer models, the specifics of cooperation with China, and mechanisms for investing in China’s technology market and other financial instruments.
Kirill Babaev, Director of the Institute of China and Contemporary Asia of the Russian Academy of Sciences and President of the National Coordination Center for International Business Cooperation, outlined the main challenges facing Russia-China business cooperation: insufficient knowledge of each other’s markets, settlement difficulties, limited investment and localization of Chinese businesses in Russia, a lack of the necessary logistics infrastructure for overland freight transportation, and the need to simplify customs procedures at the border.
Pavel Troshchinsky, Head of the Center for Political Studies and Forecasting at the Institute of China and Contemporary Asia of the Russian Academy of Sciences, noted that Russia had previously focused primarily on cooperation with the West, resulting in a current shortage of personnel and expertise required to work effectively with China.
He also highlighted several features of Chinese business culture. Successful project implementation requires engagement at multiple levels within a company, while knowledge of Chinese business protocol is also essential.
Harvey Yang, Senior Partner at Zhong Yin, spoke about operating in China’s free economic zones, the specifics of M&A transactions, the establishment of foreign-invested joint ventures, and ways for foreign investors to gain access to public securities markets.
He also drew the Russian audience’s attention to the key role of interpreters and trusted intermediaries in Russia-China business relations, while emphasizing the importance of communication with Chinese government authorities in overcoming transaction costs.
Kirill Kamenev, Deputy CEO for Investment Attraction at the Far East and Arctic Development Corporation, said that 49 projects worth $9.6 billion were currently being implemented in the region, while $100 billion worth of projects had been structured over nine years.
The Corporation is successfully developing advanced special economic zones, whose residents include companies with Chinese investment.
Zhong Yin is one of China’s oldest law firms, with offices in more than 40 cities and over 2,300 lawyers as of 2022.
The joint Ingvarr–Zhong Yin practice specializes in cross-border mergers and acquisitions, joint ventures, restructuring, corporate governance, fundraising, commercial activities, foreign trade, and dispute resolution in international commercial arbitration, including in mainland China and Hong Kong. joint Ingvarr–Zhong Yin practice specializes in cross-border mergers and acquisitions, joint ventures, restructuring, corporate governance, fundraising, commercial activities, foreign trade, and dispute resolution in international commercial arbitration, including in mainland China and Hong Kong.