KKMP Senior Partner Alyona Kucher comments:
Interaction with China is gaining momentum. This is due to changes in the geopolitical situation and new investment opportunities for Chinese companies in Russia and Belarus, and for Russian and Belarusian companies in China. However, working in China requires a careful approach to legal aspects, as evidenced by the growing interest in Chinese law specialists.
During our session, we discussed the current situation and key challenges and opportunities for Belarusian and Russian companies working with Chinese partners, as well as for Chinese companies operating in Belarus. Investment incentives and benefits created in Belarus for foreign investors (including the preferential regime of the Great Stone Industrial Park) may be of interest to both Chinese and Russian companies, as evidenced by the active participation of not only Chinese and Belarusian, but also many Russian companies in the Forum.
In turn, Head of KKMP China Desk Chuck Peng adds:
Understanding the nuances of the Chinese market is key to successful and safe trade. We tried to cover all stages of interacting with the Chinese side: from developing contracts that take into account cultural and legal nuances, to effectively resolving disputes taking into account the specifics of Chinese business practices.
KKMP Partner Anna Maximenko, describing the key trends of the Russian digital financial asset market in her presentation, notes the relevance and interest of the Belarusian market:
The digital financial asset market in Belarus is indeed in its formative stage and demonstrates significant growth and interest from investors and technology companies. The market undoubtedly has the potential for development, attracting capital, and forming a technological financial ecosystem, although it faces challenges in raising investor awareness and improving the regulatory framework.
This year, over 60 speakers from Russia and Belarus spoke at 15 parallel sessions in an open panel discussion format.