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Shardul Nautiyal, Mumbai March 28 , 2024
To explore business opportunities and navigate legal intricacies, the Indian pharmaceutical industry is gearing up to expand its presence into the Russian market. Facilitating this endeavor, Peterka Partners, an independent full-service Central and Eastern European law firm, is organizing a webinar on the intricacies of setting up commercial establishments in Russia.

The webinar, scheduled for April 2, 2024, at 12:00 noon Moscow time, aims to provide valuable insights into the process of establishing businesses in Russia. Topics of discussion include legal frameworks, regulatory compliance, and other crucial aspects pertinent to Indian companies venturing into the Russian market.

With an increasing interest in expanding its global footprint, the Indian pharmaceutical sector sees Russia as a promising market for growth. Leveraging the expertise of Peterka Partners, renowned for its comprehensive legal support and strategic counsel, Indian companies are keen to navigate the complexities of international business expansion.

Uday Bhaskar, director general, Pharmaceuticals Export Promotion Council of India (Pharmexcil) has urged member companies to join webinar and has informed that Elena Miroslavskaya, marketing manager at Peterka Partners is keen to guide and collaborate with Indian entities, stating, "We are pleased to facilitate this exchange of knowledge and support extended to the Indian companies in their endeavors to establish a presence in Russia. The webinar aims to provide practical insights and guidance to ensure a smooth entry into the Russian market."

The webinar invites participation from Indian companies, chambers of commerce, trade bodies, and export development authorities interested in expanding their operations into Russia. Registrations are being facilitated through Elena Miroslavskaya at Peterka Partners, with contact details available on the firm's website.

As India and Russia strengthen their economic ties, initiatives such as these underline the commitment of both nations to foster mutually beneficial collaborations in the pharmaceutical sector.

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