What should businesses do under sanctions? - RAUIE gave an answer

Today, Russia is facing unprecedented international pressure. Many Russian entrepreneurs are faced with the question of how to live on, how to ensure the usual life of their organizations and employees.



The RAUIE always helps Russian entrepreneurs in difficult situations, so in 2020 during the pandemic, we launched a free program to find equipment in China.

Even now, when Russian entrepreneurs are at a crossroads, we are not standing aside. Thus, on March 11, the RAUIE, together with the  Presidential Commissioner for Entrepreneurs’ Rights and the Russian-Chinese Committee for Friendship, Peace and Development, organized the event “Sanctions 2022: how businesses can survive and develop on the Asian track”. The event was held in a hybrid format (online and offline) at the site of the Civic Chamber of the Russian Federation. More than 400 people took part in the event.



Speakers of the event were representatives of various sectors - Maxim Kuznetsov and Anna Fomicheva, vice-presidents of the RAUIE, representatives of Bank "Saint Petersburg" and Alfa Bank, President of International Holding "HYLINK Supply Chain Management" Sun Tianshu and CEO SINORUSS Surana Radnaeva.

Vice President of the RAUIE Maxim Kuznetsov spoke about Hong Kong and China as new opportunities for the Russian financial system, as well as trade development. “Now the majority of Russian companies are in shock and do not know how to work further. But there is a way out. The very first thing is to open a company in Hong Kong to conduct a trading business, change banks and open accounts in RMD or HKD.”