Inmar Legal Ltd held a business breakfast on current issues in foreign economic activity

Regulation of foreign economic activity and specific customs regulation issues became the topics of the business breakfast held by Inmar Legal Ltd in Saint Petersburg on March 1. The attendees included businessmen specializing in export-import operations, representatives of logistics companies, and lawyers.

The main topics of the business breakfast revolved around the implementation of activities by Russian entrepreneurs in foreign markets under modern conditions.

The participants discussed the current economic situation in global trade, including significantly increased complexities in executing calculations, logistical challenges, the necessity of considering new business risk factors, and concluded that in conditions of instability and uncertainty, readiness for rapid changes and decision-making based on deep analysis and adaptation to new conditions is crucial.

During the event, Dmitry Kafanov, Senior Partner of Inmar Legal Ltd, provided insights into the latest legislative changes, highlighting specific features of the established legal practices in international trade. He emphasized the necessity of considering all legal and other factors encountered by entrepreneurs nowadays, providing vivid examples from practice where insufficient risk assessment led to serious negative consequences for businesses.

Dmitry Kafanov underscored that currently, the regulation of foreign economic activity is under significant pressure from external factors, thus, the most important tasks for legal firms specializing in this field are risk analysis and the development of effective strategies to minimize potential threats. He also noted that professional lawyers assist businesses in developing effective legal models for conducting foreign economic activity, which helps avoid unnecessary losses and conflicts with regulatory bodies.

The event organized by the legal firm provided an excellent opportunity for participants to exchange experiences on the regulation of foreign economic activity and customs regulation, discuss problems, and find solutions for effective risk management.
Dmitry Kafanov noted that in conditions where the situation in global markets changes very rapidly and it is difficult to predict changes in the sphere of international regulation of foreign trade activity, it is important to have a clear risk management program, react promptly to changes, and be prepared for new challenges that may arise during operations in the international market.