TOP-5 mistakes in working with a foreign business partner

In this video, you will learn about the five most common mistakes Russian entrepreneurs make when doing business with foreign counterparties:
Mistake 1. Starting business dealings without conducting due diligence on the counterparty.
Mistake 2. Failing to put a written contract in place.
Mistake 3. Failing to clearly define the parties’ intentions in the contract.
Mistake 4. Overlooking the choice of governing law.
Mistake 5. Failing to give due attention to dispute resolution provisions.

Up to date as of October 2023.