Philadelphia, PA (PressExposure) July 24, 2009 -- Sergey Sokolov, Managing Director of Marks & Sokolovâs Moscow office, and well-versed in knowledge of American and Russian law, attended the Moscow Business Summit, held July 7th, 2009 at Moscowâs historic Manezh exhibition hall. Co-organized by AmCham Russia, the US Chamber of Commerce and a number of other groups, the goal of the event was to offer guidance to the American and Russian governments to increase business between the two countries.
âThe Summit was an excellent opportunity to both reset the recently strained Russian-American relationship, while promoting our mutual interests in increasing business between our two countriesâ cited Sergey Sokolov [http://www.marks-sokolov.com/Sergey_Sokolov.htm]. âWith Presidents Medvedev and Obama as Co-Chairmen of the new U.S.-Russia Presidential Commission, it should act as a key mechanism for reaching consensus on important issues.â
Maintaining an office in Moscow, international law firm Marks & Sokolov continually monitors the legal and business climates that may affect its clients. âThe Moscow Business Summit addressed important topics that any companies doing business between the United States and Russia need to understandâ continued Sokolov. âModernization of export control recommendations, the cancellation of outdated regulations and impediments to the development of mutual investment were discussed.â The firmâs Russian law office gives Marks & Sokolov a greater ability to monitor and react to developments in these and many other areas.
Presidents Obama and Medvedev were both particularly engaged during the conversation. Presentations included a summary of thoughts from business leaders from both countries and Mr. Obama referred to one in his address to the gathering. With such an assembly of esteemed business and political leaders, not to mention their combined levels of concentration, any international litigator interested in U.S. â Russian business should have been in attendance; âIt would be in their clients best interestsâ concluded Sergey Sokolov.