On 14/03/2022 founder of Linnikov & Partners told the viewers of RUSSIA-24 about the negative impact of EU and US economic sanctions against the Russian Federation on the economies of member-states of the EU.

On 10/03/2022 the Chamber of Trade and Commerce of the Russian Federation (CTC of Russia) announced that the competent territorial Chambers of Trade and Commerce will organize the process of issue of force-majeure certificates for contracts, made in due course of Russian domestic economic activity. It has also been declared that the CTC of Russia will carry out the issue of force majeure certificates for both, domestic and foreign trade contracts, on gratuitous basis from 10 March, 2022 till 30 April, 2022.

14.03.2022, the Russian Government instructed the management of the largest state-owned companies not to fine suppliers for violating the deadlines for the performance of works or services, if such violations are related to the sanctions recently imposed on the Russian Federation.

On 12/03/2022 the major Russian media published the interview of Vladimir Potanin, who took a stand against the “racket of foreign assets”.

On 11/03/2022 the Office of the Prosecutor General of Russia has announced its intention to carry out a review of activity of companies that pull out of the Russian market. In particular, the supervisory authority plans to review the matters of protection of worker’s rights: discipline of performance of labor contracts by the employers and correctness of calculation and payment of salaries.