Upholding the Sanctity of Contracts: Is Gazprom Listening? [View article]
I agree with the article, but I've also been around long enough to realize that contracts are meaningless in the eyes of those with the power to define contract law.
Russia will do what makes sense to them at the moment, regardless of any piece of paper. In some cases, this extends to contracts written by their state owned/influenced companies as well. Invest there with the same caution you would use in Venezuela.
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I agree with the article, but I've also been around long enough to realize that contracts are meaningless in the eyes of those with the power to define contract law.
Sep 30 13:51 pm
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All Comments by bcncv »Upholding the Sanctity of Contracts: Is Gazprom Listening? [View article]
Russia will do what makes sense to them at the moment, regardless of any piece of paper. In some cases, this extends to contracts written by their state owned/influenced companies as well. Invest there with the same caution you would use in Venezuela.