FBK Legal managing Partner Nadezhda Orlova on new technologies in Russia

In her interview to "Itogi Magazine" Nadezhda Orlova, FBK Tax and Legal Partner expressed her opinion on whether Russia is able to create radically new technologies. According to the expert Russia is still abundant with talented people capable of creating new breakthrough technologies but the problem is of another kind altogether.

Preceding the St. Petersburg International Economic Forum the legislative agenda was discussed at the International Legal Forum. Nadezhda stated "It is obvious for the legislators that Russian laws are rather well written. Now all we need is to start observing them, so that business could feel safe and inventions of our scientists could be perfectly protected" stated Ms. Orlova.

"This is what we really need. This is exactly the reason why scientists often prefer to patent their inventions in Western countries; same reason drives holding companies to structure their business so that beneficiaries were out of Russian jurisdiction. At the moment, the central issue is not the ability to make inventions, but making necessary preconditions for it" concluded Nadezhda.